03/04/1927
https://www.presidency.ucsb.edu...
"It doubled the appropriation that I proposed for the Shipping Board and I think added $6,000,000 or $8,000,000 to the Army bill, and it is true that if it goes on at that rate there won't be any surpl..."
"I am not, of course, an expert at all on what is the type of ship that we need most, but I am advised by the Navy that it is in the matter of cruisers that we are most deficient."
"No, I have given you the wrong number."
"I have understood that there was something of a propaganda under way against any Navy building program."