Italy would like to acquire sufficient stock to be represented on the administrative. council of the Suez Canal, but does not intend to demand the right to take part in the defence of the Canal as that would probably pose some insoluble problems.
The Foreign Office is at present studying these points es well as certain, corrections of the Sudan-Egyptian frontier and the question of grazing rights for Ethiopian tribes into British Somaliland and Kenya, Well-informed British circles be-
Tieve that the Fascist Grand Council, during its meeting on March 4 and 5, will examine the report of Count Dino Grandi, Italian, Embassador to London, regarding British claims concerning the cessation of propaganda, partià withdrawal of Italian troops from Libya and Spaih, and Italian collaboration in central Europe.
Negotiations will begi Within the next ten days, and London circles believe that if, an accord should prove to be impossible on all points emphasized by Rome, the Italians would prefer to conclude a father vague arrangement having a "psychological effect" rather than fun the risk of checking. the policy of Mr. Neville Chamberlain.—Havas-
Text read from the printed page and cleaned; old type leaves the occasional error.