The President's News Conference
05/09/1929
https://www.presidency.ucsb.edu...
They have been most kind.
It is folly for the world to go on breaking its back over military expenditure, and the United States is willing to take...
These policies and measures will hold our hard-won American system of ordered liberty and government.
I feel very proud of that tribute, and I appreciate very much the attitude of the press about it.