Statement on the Tariff Bill.
06/15/1930
https://www.presidency.ucsb.edu...
These expenditures cannot be recovered; they must be met by the taxpayer now or in the future.
We must make headway against the mutual fear and friction arising out of war armament which kill human confidence throug...
This reduction should be carried out not only by broad general cuts in armaments but by increasing the comparative power...
I propose that the treaty number and tonnage of battleships shall be reduced by one-third.