G.B.No. 438-2 (Serial No. 1521-LL:1)
 
          IV. QUANTITATIVE LIMITATION AND REDUCTION.
 
                      (By this is meant the limitation and reduction of men or materials
in numbers or tonnage.)
 
                    A. Vessels of the Navy.
 
The Department -
 
                            (1) Considers that the submarine is the real key to naval reduction. (94)
 
                            (2) Favors the material reduction of destroyer tonnage if submarines are first
abolished. (94)
 
             (3) Is opposed to the reduction of aircraft carrier tonnage. (95)
 
                          (4) Favors the reduction of submarine tonnage if that type
of vessel isnot abolished. (94)
 
                    B. Aircraft.
 
                          (1) Favors the limitation of numbers of naval combat airplanes (including all in
commission, reserve and in storage) based upon full needs of the Treaty Navy and essential
auxiliaries. (500, as allowed the United States by the British proposals, is inadequate for naval
purposes alone.) (65,67, 189, 250, 301, 310)
 
                          (2) Is opposed to the adoption of the present status quo of airplanes in
possession of the several major naval powers as limitation figures. (313, 314)
 
                          (3) Is opposed to any method of limitation of airplanes additional to that by
number, such as total horsepower, total weight, or total wing area. (64)
 
                          (4) Favors the limitation of dirigibles to the present number possessed by the
respective powers. (301)