The American people should understand that current expenditure on strictly military activities of the Army and Navy constitutes the largest military budget of any nation in the world today and at a time when there is less real danger of extensive disturbance to peace than at any time in more than half a century.
Herbert Hoover: “The American people should understand that current expenditure on strictly military activities of the Army and Navy…”
Editor's note · Context
Statement on Military Expenditures.
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