National Affairs: Curtailment & Limitation

Upon the instruments of War last week President Hoover bent a mind primed for Peace. Logic and economy were his inspirations: logic, to make U. S. national defense congruous with the General Treaty for the Renunciation of War; economy, to make a tax cut possible.

Army. Military appropriations added to naval have reached totals which made President Hoover blink in astonishment. For this year he found that estimated national defense expenditures of the U. S. would be $741,000,000. Great Britain was spending only $547,000,000, France...

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