FRENCH NAVAL ESTIMATES.

Inangahua Times, 11 December 1929, Page 3

FRENCH NAVAL ESTIMATES.

ACCOMPANYING MEMORANDUM REFERENCES TO I.OKDO.N CONFERENCE (By Kleetrle Telegmpfc—OepytigM.) I (Am. Erte iim. and Baa Oabla.) 8 .LONDON, December 10. I The Times' Paris correspondent says: I A memorandum accompanying the 3930 naval estimates, totalling £2i;464,000, an increase of £1,584,000 comp -od with last year, nnticiapfes failure of the Loudon navail confer cnee if Britai:: and the United States attempt ho impose their own wishes on the other Powers, whose need's (must be stuidied ♦independently. Any Anglo-American agreement would be another stumbling block in the way of Italy's claim of parity with France. i It is seated, if Italy persists therein, success of the Conference will be ea-' dan gored. France's own requirements are unofficially estimated at a figure in the j neighbourhood of 800,000 tons, to be I distributed as the Government chooses among various classes of ships. Jf this tonnage lis conceded, France S may lie content- to .leave the question of | parity open, in the belief that Italy w will not build up to her level.