US Presidency
1930

In the more important categories -battleships, aircraft carriers, 8-inch and 6-inch cruisers, that is, omitting the secondary arms of destroyers and submarines the fleet built and actually building on January 1, of this year was 809,000 tons in the United States, 1,088,000 tons in Great Britain and 568,000 tons in Japan, or upon the basis of 100 for the United States it was 134 for Great Britain and 70 for Japan. Under this treaty the United States will on January 1, 1937, possess, completed, 911,000 tons of these major units, Great Britain 948,000 tons and Japan 556,000 tons. In addition, the United States will have one 10,000 ton 8-inch cruiser two-thirds completed. This will give a ratio in these categories of 100 for the United States to 102.9 for Great Britain and 60.5 for Japan. The reason for the excess British tonnage is again as mentioned above. In other words, the United States, in these categories, increases by 102,000 tons, Great Britain decreases by 140,000 tons and Japan decreases by 12,000 tons.