London, Jan. 42, The British Government, in reply to the French memorandum of December 2 on the Naval Conference, expresses appreciation of the frank and friendly attitude of the French Government in furnish-1g 80 comprehensive an elucidation of their point of view.
The reply, continues H. M. Govern: ment, place considerable trust in the fact that 66 countries have declared their intentions to renounce war as instrument of national policy, and to resort only to pacific means for settlement of International disputes. Unless a beginning in the reduction of Naval Armaments is held to be justified by the measure Jof security already achieved, public expectation will be disappointed. The tendency towards expansion of arms, which is only too evident ready, will develop and nations will be taught once more in practice to trust only to military preparations ing for their security.
Text read from the printed page and cleaned; old type leaves the occasional error.