On the recordJuly 17, 1930
The increased naval expenditure is due to the expanded aviation, the new cruiser construction, and the Capital ship replacement programs.
Source
presidency.ucsb.eduEditor's note · Context
White House Statement on Government Expenditures.
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The details of this estimate, the necessity therefor, and the reason for its transmission at this time are set forth in the letter of the Director of the Bureau of the Budget transmitted herewith, with whose comments and observations…
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