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Great Britain and the United States henceforth are not to compete in armament as political opponents, but to cooperate as friends in the reduction of it. HERBERT HOOVER. When Calvin Coolidge quit the White House amid U. S. plaudits he left many a Briton sorely vexed and honestly uneasy lest the U. S. and the Empire might soon "compete in armament as political oppo-nents." Of course no one feared actual War. But the Coolidge Naval Limitation Conference had broken down (TIME, Aug. 15, 1927); and Congress had passed what the British press...