03/05/1932
https://www.presidency.ucsb.edu...
"To the Senate: I transmit herewith a treaty for the limitation and reduction of naval armament, signed at London on April 22, 1930, by the plenipotentiaries of the President of the United States of Am..."
"We are not yet entirely through the difficulties of our situation."
"There has been no significant bank or industrial failure."
"The success of this effort is of paramount importance, not only for our immediate needs but the possibilities it opens for the future."