Sit and for so long as the othe: Important naval Powers retain'. single Eitegory for cruisers "and. destroyers Germany shat enjoy ie Tiesto have category. although she. would reter these lasses in two categories.
Gin the matter of submarines, howwer, Germany. while not exceeding tre 100 in respect of total tonnage, shall have the ight to: possess take.
Germany's. submarine tonnage shall not exceed 43, per ent. except in the event of situation arising which, in its opinion, makes. necessary for her to avail herself of the Anglo-German London, June 19. An agres ut reached as a result of tions, undertaken "with the primary purpose of preparing the way for a Rentral conference on the limitation of aval armaments, is embodied in an exchange of notes between the two:
vernments, now published as a nite Paper.
The note of the Foreign Secretary, Sir Samuel Hoare, and the reply of Gen, Joachim von Ribbentrop, oear to-day's date, and were exchanged at a full meeting of both delegations. Sir Samuel Hoare's communication announces formal acceptance by the British Government of the proposal of the German Government that the future strength of the German Navy. in elation to. the aggregate naval strength of members of the British Commonwealth of Nations, should be in the proportion of 35 to 100, and adds:
"Ills Majesty's Government regard this proposal as a contribution of the greatest importance to the cause of future naval limitation. They further believe the agreement now reached, which they regard as a permanent and definite agreement, as from today, between two governments, will facilitate the conclusion of a general agreement on the subject of naval limitation between all the naval Powere of the worl
Text read from the printed page and cleaned; old type leaves the occasional error.