But, continues the writer, what Mr. MacDonald and Presivent over achieved was parity for their respective countries. It is not yet! clear what ratios the other cipating countries will be allowed, fand one cannot say that all wil smooth sailing tthe London conference. France is restless and fenty lets simaoy state of nerves, he declares, while Japan feels that the capital ship ratio agreed to at] Washington should not be applied auxiliary craft, The only reason why Japan asks {for a 10-10-7 ratio, Mr. Hanaznwa says, is because of her insular position, her long coast line and. because she believes that cruisers and fother auxiliary vessels are instruments of defence, whereas the capit. fal ship is an instrument of aggres: sion:
"We have no ulterior' designs inst any one," he writes, "and fail to find any good reason for either America or Great Britain to protest against the very reasonable 10-107 ratio. Both America and [Great Britain to-day believe that the danger of war between them has disappeared. Tt is inconceivable, then, that any nation having a naval force below that of either country could prove to be a menace to either. We must have a 70 per cent. ratio if unrest and fear are to be banished from the minds of our people, for! our naval men assure us that this is the least compatible with our national needs."
An Aggressive Viewpoint Mr. Hanazawa then quotes an American naval expert who is said! to have stated that unless the strength of Japan's auxiliary forces are reduced to 60 per cent. of those of the United States, the United States, Navy could not cross the! Pacific and beat the Japanese fect. "If the question of naval ratio is treated from such an aggressive viewpoint," he declares, "that alone Jmenaees peace. Yet the strange thing is that those who hold to such a view defend it in the name of peace, which we interpret "to mean forces on us. its would keep is in chronic and unspeakable unrest."
'Mr. Hanazawa winds up by declaring that when Japan asks for 70) per cent. a the strength of her auxiliary fleet, she does not mean' }1o undertake immediate construction of the vessels toat will give her this strength. percentage as ter of principle," he says, adding that too small a ratio for! [Japan will have the effect of cresting fear here, and, therefore, the natural corollary of such fear, name-_ constituting the force that has ever taken to- the sky in Japan, circled above Ohtacho yestotday: as the, grand "milit manceuvres in Ibaragi Prefecture came to an end, says a Tokyo paper of November 18,
Text read from the printed page and cleaned; old type leaves the occasional error.