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Modest naval expansion programs had been implemented by the Vinson–Trammell Act of 1934 and the Naval Act of 1938. [ 2 ] [ 3 ] In early June 1940, the U.S. Congress passed legislation that provided an 11% increase in naval tonnage as well as an expansion of naval air capacity. [ 4 ]
While this rapid expansion was taking place, all other defense industries were also in a maximum production mode to accommodate the orders being placed by the government for all other manner of military equipment, which included the massive wartime naval expansion program begun in 1940 with the passage of the Two Ocean Navy Act. So much growth ...
The Naval Act of 1938, known as the Second Vinson Act, was United States legislation enacted on May 17, 1938, that "mandated a 20% increase in strength of the United States Navy", [1] allocating $1.09 billion (equivalent to $18.5 billion in 2023 relative to GDP inflation [2]) for it. [3]
The Naval Act of 1936 authorized the first new battleship since 1921, and USS North Carolina, was laid down in October 1937. The Second Vinson Act authorized a 20% increase in the size of the Navy, and in June 1940 the Two-Ocean Navy Act authorized an 11% expansion in the Navy.
Japan repudiated the naval treaties in late 1934. Vinson later was primarily responsible for additional naval expansion legislation, the Naval Act of 1938 ("Second Vinson Act") and the Third Vinson Act of 1940 (which was essentially a mere prelude to the Two-Oceans Act that followed a month later), as well as the Two-Ocean Navy Act of 1940.
The Second Vinson Act authorized a 20% increase in the size of the Navy, and in June 1940 the Two-Ocean Navy Act authorized an 11% expansion in the Navy. Chief of Naval Operations Harold Rainsford Stark asked for another 70% increase, amounting to about 200 additional ships, which was authorized by Congress in less than a month. In September ...
With the Naval Expansion Act of Congress passed on 17 May 1938, an increase of 40,000 tons in aircraft carriers was authorized. This permitted the building of Hornet , which was the third Yorktown -class carrier, and Essex , which was the lead ship of a new class.
June 14 – U.S. President Franklin D. Roosevelt signs the Naval Expansion Act into law, which aims to increase the United States Navy's tonnage by 11%. June 16 – The Sturgis Motorcycle Rally is held for the first time in Sturgis, South Dakota. June 17 – WWII: Assets of all foreign nationals from France and Monaco are frozen. [1]