Prefacing his Yemarks by observ-ug that Japan is looking forward to "The adoption of plans that will Ju no way operate as a menace to any Power and will at the same time strengthen in the mind of each the sense of national security in-abired by the Kellogg Pact" Baron Shidehara continues "no less importance is attached to the popular omand for a reduction of the costly expenditure on armaments."
He asserts that "our whole-heart-_ 2 efforts will be exercised in cooperation with other Naval Powers secure that end,"
Referring to Japan emphasis on the desirability' of preliminary informal conversations, the Foreign minister makes it clear that such preliminary conversations. envisage! "ko agreement or understanding of any kind to the prejudice of any third party." "They are simply de-eigned," he continues," to, facilitate the adjustment of matters in which Japan is particularly interested and to prepare the ground for a speedy and successful issue of the confer-
Text read from the printed page and cleaned; old type leaves the occasional error.