"In setting out on the risks of the Conference, the British Government, therefore, bases itself on the assumption that for a considerable] Dorlod peace is secure and that the fact that naval agreement is reached will increase the fealing security. Even if the result of the Conference does not fulfil all the hopes of those responsible for con-Yening it, Mr, MacDonald continued, the British Government are deter mined to do everything within thei Power to show the world that it is prepared to proceed step by step 1 satisfactory solution of the disarmament problem. But everything is dependent on international agreement. Britain will take no step) towards disarmament merely as a gesture, All that can reasonably Be done in that way has been done. Britain can only move on condition hat the other' nations move cor-
Text read from the printed page and cleaned; old type leaves the occasional error.