Word: fleetly
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Dates: during 1920-1929
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...intention of sinking the two out-of-date American vessels. Dummy bombs will be used upon them. However, the eleven German ships of later model and in good condition, will be sent to Davy Jones's locker. In the meantime congress is granting money to enlarge our fleet. If Germany had been forced to give the United States a large sum of gold coin in place of these vessels we would not dump it into the ocean just because it came from a vanquished enemy. These ships have at least some value as transports, tenders, or as mother-ships...
...with the flying division of our navy. Admiral Fullam describes the submarine service as "practically negligible and woefully behind that of other major powers." Yet Admiral Fullam wants more than submarines. Very recently he came before the Senate Committee on Naval Affairs. He said, some-what abruptly, that the fleet must be united, drilled and organized for immediate action; that we must have a "three-plane navy" (submarines and aircraft, as well as an adequate number of surface vessels); that the American fleet was unorganized and unprepared for war, oven as a one-plant flotilla. "I want the fleet made...
...Germany is disarmed. England, France, and Italy are so near national bankruptcy that they would undoubtedly welcome any practical suggestion for doing away with martial expense. England has said as much. Yet in direct opposition to this feeling, we have our navy men crying for more money, a united fleet, immediate preparation for war. Is this jingoism, or are we really facing the possibility of another conflict...
Recent events show that the battleship's usefulness has passed its maximum point. A serious inquiry on the advisability of continuing the construction of mammoth cruisers has been made by the British Council of imperial Defense. Admiral von Scheer, who commanded the German fleet at Jutland, has expressed the view of the Fatherland that the surrender of its surface vessels contains little excuse for regret. Secretary Daniels has ordered for the near future a definite test of the battleship's vulnerability which may have an important effect in determining our naval policy. Public opinion everywhere seems adverse to pursuing...
...voices of those few brave men, notably Mr. Babson, who ask us to be optimistic toward the business outlook. Every day reveals more scandals involving both government officials and labor leaders as well as business men, from the building trades in New York City to the Emergency Fleet Corporation transactions which cover the entire country. Labor cries out against unemployment as a result of a capitalistic plot, while capital begs for some stabilization in the labor situation. To glance at a front page of a newspaper one would think that the business world had collapsed into chaos. Pessimists are easy...