According to unimpeachable author~ ity, this policy will be based on the following five points:—
1, Equal rights to naval armaments.
(A) Japan considers that the armaments of a country should be decided by the national needs of that country and should not be limited 2, Reconsideration of the present. by other nations. naval ratio.
(A) Japan believes that the present 5:5:3 ratio has resulted in armament expansion on the part of certain nations and therefore other methods of disarmament should be sought, '3. Special.divisional agreements.
(A) Japan contends that the world naval powers should be divided into four geographical categories that would be named the Pacific, the Atlantic, the European and the' South American groups.
(B). Japan favours the working out of special agreements within these divisions: for the purpose of Limiting submarines, destroyers and Class B cruisers.
'4. Abolition of Offensive weapons.
(A). Japan maintains that the
envisage a navy that is strong enough principle of national defence should to defend, but not strong enough to attack.
(B) Japan specifically advocates the abolition of air-craft carriers constant, potential threat to non combatant countries.
Limitation of defence stations the Pacific.
(A). Japan is against the increas. ing of military and naval bases in the Pacific in the absence of war danger, feeling that such expansion tends to cause uneasiness and distrust.
(B) Japan believes that armaments in the Pacific, including Ha-wall, the Philippine Islands and Singapore, should be reduced to a minimum:—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.