President Coolidge has issued a statement reiterating that the move to increase the Navy by ten cruise is merely to round off the Navy and not to stir up competi naval construction, Referring to his proposal that the United States shoul! call_another armaments conference the President] expresses. the opinion that reduction of armaments either through Proposed League of Natior dis armament conference or other Washington Confersnee would tend to reduce taxation all over the: World and enable Europe earlier to reach economic stabilization. He Proposed that any conference which, was suggested by the United States should deal with matters left une decided at the previous conference.
Text read from the printed page and cleaned; old type leaves the occasional error.