Regards $85,000,000 Program of Navy Conflicts With Peace Economy.

President Coolidge does not approve the five-year building program for the Naval Air Service, calling for an appropriation of $85,000,000, which has been reported out by the House naval affairs Committee.

The President considers this sum far too large to coincide with his ideas of a peace time expenditure for aircraft. He also thinks the amount exceeds what the Aircraft Board appointed by him to make recommendations for proper development had in mind.