Frederick William Lanchester, Aircraft in Warfare — Chapter VII (1916)
“ If a machine, type A, has four times the rate of fire of another machine, type B, the machine A, so long as its ammunition holds out, is worth as much as two machines of the type B. In the case of the one-pounder now under discussion, this condition of the exhaustion of the ammunition is just the weak point which renders it doubtful whether under existing circumstances it is worth while seriously to consider the mounting of such a weapon. ”
