London, Mar, 11, Mr. Ramsay MacDonald, the Prime Min ister, in a message to Reuter says the great value of the Franco-Italian naval agreement perhaps lies in the political effects which must follow such splendid demonstration of goodwill and mutual helpfulness, Within 24 hours the whole of Europe felt the pacifying influence of the agreement, which is a good harbinger for the disurmamer ut conference of 1932. If the nations which are to meet there will face their respon: bilities with the same courage as France and Italy have shown that conference will be one of the most conspicuous landmarks in the history of the world," said Mr. Mac-Donald.—Reuter. ships whose displacement shall not} exceed 23,333 tons in. each case, while the" calibre of the main armament must mot exceed 12 inches.
On the completion of these capital ships France must scrap one ship of the Diderot class and Italy must scrap ly 16,820 fon tons. first d eruibers (making a total of 89,640 tons).
The total capital ship, tonnage accorded to France and Italy, respectively, under the Treaty, is Faised from 175,000 to 181,000.
France and Italy may complete, respectively, 34,000 tons in aircraft carriers before December 31, 1936.
No cruisers with guns over 6.1 h calibre are to be constructed Aj after. the completion of the 1930]
Pro There ix, to be further construction of submarines except for! the completion of the 1930" pro gramme and for the replacement of over-age after naval question by. the conference in 1982, the tonnage of French submarines' must not exceed 81,989 until December 31, 1936, The members of the British pire maintained that this figure we too. high in relation to their destroyer fi under the London Naval Treaty, but they agree not to resort to A\ of the London Treaty pending. the above-mentioned—revision.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.