Honorable Mention, 1914
Motto: The interests of the Nation predominate all others
As the nation has grown the navy has grown until the naval appropriations made for the present fiscal year exceed one hundred and forty millions of dollars; and yet, with this large sum, the greatest peace appropriation for naval purposes in our history, only one ship of the first line was provided for.
During the past summer, in estimating and apportioning the resources of the country under the new tariff law, Senator Simmons for the Senate, in a tentative allotment of funds, allotted one hundred and forty-five millions of dollars to the navy, and Representative Underwood of the House one hundred and forty-eight millions for the coming fiscal year. These sums are enormous and only a very few years ago would have appalled all the people of the country. Even at the present day they stagger many thinking men; and there is a not inconsiderable, and possibly growing, number of people throughout the country asking, Why this great expenditure? and, Is the nation getting a fair return for the money expended?