Comparison of Strength of Ships of Naval Powers: Strategi Naval Bases Washington, May 11.
Mr. Theodore Roosevelt, the Assistant Secretary of the Navy, in a report to the Chairman of the House of Representatives Naval Affairs Committee, agrees with the suggestion, made during the controversy proceeding hero, that a2 fair comparison of the fighting strength of the British, American and Japanese Navies is represented by the figures instead of 5: 5: 3 as provided in the Washington Naval Treaty. These figures did not take into account strategically located naval bases, nor the relative strength of the various merchant marines.
Additional details of the agrooments of the Royal Dutch, Shell and Standard Old Companies' for the acquisition of oil concessions Russia show thatthe first agree ment, relating to the division of the markets of the world, also included naphtha and by-products of naphtha already purchased or-which the Royal Dutch had arranged purchase in the course of the yea from the Soviet Government, cither divestly by the Anglo-Dutch organization or by the two organization:
With regard to the second agree ment, relating to the concession of oil enterprises in Russia, the Standard Oil acted on behalf of Nobel Brothers as Nobel Brothers controlled 35 to 40 per cent. of the production of Baku before the revolution. It is believed that division of concessions and exportation was made on that ba It is reported that one condition of future concessions is that the concessionaires shall pay the Soviets +£25,000,000, and also undertake to indemnity the former proprietors or come to an arrangement with them. The success of the arrange ment is considered doubtful many of the Communist leaders im Moscow ate opposed to it—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.