"The right hon. Gentleman's statement was that Germany has already at this moment a military air force which is approaching equality with our own, and that by this time next year, if Germany continues to execute her programme without acceleration and if we continue to carry out the increase announced to Parliament in July last, the German military air force will be at least as strong as, and may be stronger than, our own...It is not the case that Germany is rapidly approaching equality with us...Even if we confine the comparison to the German air strength and the strength of the Royal Air Force immediately available in Europe, Germany is actively engaged in the production of service aircraft, but her real strength is not 50 per cent. of our strength in Europe to-day. As for the position this time next year, if she continues to execute her air programme without acceleration and if we continue to carry out at the present approved rate the expansion announced to Parliament in July...so far from the German military air force being at least as strong as and probably stronger than our own, we estimate that we shall still have in Europe a margin—in Europe alone—of nearly 50 per cent."