11/29/1923
https://www.presidency.ucsb.edu...
"It has been the hope of the American Government, constantly expressed by the Congress since the Washington Conference, that a favorable opportunity might present itself to complete the work begun here..."
"At that time we were engaged in a great building program which, upon its completion, would have given us first place on the sea."
"I am sure that all governments and all peoples would choose a system of naval limitation in preference to consciously reverting to competitive building."
"For more than six months, representatives of a score or more of nations have examined from all points of view the problem of the reduction and limitation of armaments."