of the House of Representatives today, Captain John Gunnell, the Budget Officer of the Acronauties Bureau, stated that an expenditure at $88,253,000 was necessary for the purchase and maintenance of aircraft for the five aeroplane-carriers and 25 scout cruisers contemplated in the new naval construction programme. Seven hundred and fifty-nine planes would be need. ed for the vessel themselves, he said, and 731 more for replacement and training purposes.
Speaking at the semi-annual Government Dusiness meeting today, President Coolidge again emphasized the need for maintaining, 2 well-balanced Federal Budget and reducing tke National Debt, but at the same time, deprecated stinting on activities vital to the safety and well-being of the nation.
Drawing attention to' the naval programme, the President said that the plan he had endorsed did not contemplate any limitation of time with regard to the beginning or completion of the tentative profkramme, but it did contemplate Duilding' ships ax fast as. possible.
Text read from the printed page and cleaned; old type leaves the occasional error.