Paris, Feb, 20.
Echo de Paris declares thy France would stand to lose most in Jany new naval disarmament conference, at which she would be faced by. Japan anid America who would be jin agreement to exercise their naval hegemony. France, saya the Journal, could only' participate in such a' conference if she had her Fights recognized beforehand in a preliminary agreement, the a armament several "papd of Germans 10 th riter-Allied Conference, even if only' carrying decisions, with a ways for
which would result in reconsidering the decisions themselves, ax was the caxe at the lust London Conference of the Dawes plan. press emphasizes the many developing a jovement for Austri annexation, end considers it would be unwise especially now to permit the Germans to discuss clauses of the, Treaty which they are bound to comply with—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.