Tokyo, Apr. 22.
The Premier, Mr. Hamaguchi, in a statement to-day hailing the success of the London Naval Confer~ fence, said:—"This ends naval con-ruction competition between the three great naval Powers in all cater gories of ships of war. Thus the work deggun at the Washington Conference has been completed and a tremendous spiritual impetus given ternational peace.
Premier acknowledged udo mutual concessions in deep sincerity for the noble common cause."
The Minister for Foreign Affairs, Baron Shidehara, in a statement made this afternoon in conntetion with the signing of the Naval Pact. in London, declared the Pact will fend all competition in naval construction. Ie continued:—"It_ will greatly increase the senso of curity among the nations concerned. and lessen to a marked degree their respective burdens. The results achieved in London are all the more welcome when we envisage what would have been the consequences of ilure—an aggravation of internnal relations and an increase national burdens. A great blow would have been dealt to the spirit lof peaceful ce-operation among na-ions. Admittedy attempt the total aboli ments at one bound. We must rest satisfied with such gradual progress Jas the improved relations between the nations of the globe may render Possible. The world happily is moving in the right direction. What Washington and Geneva have left undone has now been realized in Vonden.
Text read from the printed page and cleaned; old type leaves the occasional error.