Britain feels that if she can -get 'a world shipbuilding agreement will be one of the biggest things she hag ever done.
Then it will be possible to deal at Geneva with land and air armaments and eventually with the whole world armaments. The Brit-ith Government feels that such an Agreement would be Be cheap Britain gave a cruiser for it.
It is "emphasized that tactics throughout the nego ave been perfectly safe British security is absolute:—All British military preparations are at present being made on the
war for a certain peri assumption that there, will be no i—not before the hypothetical year X.
In the naval discussions, 1936 is well the period limited by} taken asa standard year.' This is
the year X The proposed agreement will he reviewed in 1995, thus providing "a period for peace experiment" to facilitate more systematic methods for scrapping and replacements at} the dockyards.
Britain has made it clear that! whatever America may do in the of expanding her fleet, she will find no response in the British programme, but if American buile ing resulted in stimulating o countries to build, obviously Britain must take, indirectly, an interest in the American, building,
Text read from the printed page and cleaned; old type leaves the occasional error.