The naval appropriations for the next fiscal totalling, $286,000,- (000, which is $1,000,000 below" the budget estimate, was reported to the blouse of Representatives to-day. 'The sub-committee, reporting on the condition of the navy, denies the indications in the press. that, America's naval presi is rapidly' waning, as the past, state of affairs have now been remedied.
The subcommittee adds that the United States was at a disadvantage at the ime of the Washington Conference respbet of aircraft carriers, but ave now being transformed into aircraft carriers which will give the country a greater tonnage such vessels than any nation apart from Great Britain, Mr. Wilbur, the Secretary of the Navy, said that in his opinion the United States would have to spend $110,000,000 annually for the next 20, years, order to maintain the navy on an equal footing with that of Great Britain or superior to Japan's navy-—Reuter's American int Cruisers to Be Built Washington, Dee. 11.
Terms of Settlement: Orders of Arbitration Court to Be Strictly Obeyed Melbourne, Dec. 11.
Mr. SIN, Bruce, the Australian] Premier. declares that the prospects of settlement of the waterside dis-ute are considerably brighter, as the shipowners have withdrawn their threat to challenge—the Jurisdiction of the Arbitration, Court. Mr. Bruce has convened a conference.of shipowners and representatives of the Waterside Federation, which will meet as early as possible—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.