Includes papers from various individuals on the naval programme, including: conclusions of Cabinet meetings on Navy Estimates and naval policy; the report on the conclusions of the Naval Programme Committee; William Bridgeman, First Lord of the Admiralty (2); Austen Chamberlain, [Foreign Secretary], sympathising with WSC's difficulties as Chancellor; WSC [Chancellor of the Exchequer] on estimates for the new construction programme; Sir Maurice Hankey [Secretary to the Cabinet].Also includes: the Navy Supplementary Estimate, 1925-1926; press cuttings of the Prime Minister [Stanley Baldwin]'s statement to the House of Commons on the naval programme.