Comparison between USA, United Kingdom and Japan building warships paste 11 years according to the report to the secretary dated 19 October 1939

An item reported that during the eleven years of the Naval building holiday the USA laid down naval vessels with an annual rate of 3-1/10 ships while Japan had a rate of 14-2/10 and the United Kingdom of 11-2/10.

Source

Franklin D. Roosevelt. Presidential Library and Museum. Box 62. Reports&Bulletins 1939-March 1940.