The President's News Conference
03/19/1931
https://www.presidency.ucsb.edu...
Our Army, including the National Guard and all other reserves, has already been reduced much below the European standard...
These expenditures cannot be recovered; they must be met by the taxpayer now or in the future.
All bombing planes to be abolished.
This reduction should be carried out not only by broad general cuts in armaments but by increasing the comparative power...