Rome, Feb, 21.
The Italian Note to the United! tates" regretfully declines President, oolidge's invitation to the proposed disarmament conference. It emphasized that as regards European continent there exists undeniable inter-dependence bette every Kind of armament and every] single Power, for which, reason it is impossible t> adopt measures of only a partial nature among only five of the great naval Powers, The Note expresses the opinion that to be effective must be universal and points out that the example shown at Washington not been followed by the minor naval Powers. Finally, Italy' cannot without grave risks expose herself to station of her naval armaments, which are already insufficient for her defensive needs.
Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.