AGREEMENT REACHED

Poverty Bay Herald, Volume LV, Issue 17232, 11 April 1930, Page 8

AGREEMENT REACHED

NAVAL REDUCTIONS THREE POWERS IN ACCORD OTHERS CON'TINCE l.\oi IRY. (British Ofliciul Wireless.) Re.e. 2 p.m. IH A'! \>\ ■ April 10. The I'riiiie Minister, Mr. Ramsay MacDonald, in ill" House of Commons, stated ; "I am happy to announce that ibis forenoon an agreement was finally reached between the United States, .Ismail and Great Britain on. a naval progiainme, including all categories ol diips The terms ol the agreement are now being drafted. They will follow very closely the figures aiiiKHiiiced last, September and 0. tuber during the iiego Millions with the Gnited Slates, and ilie\ show substantial reductions. A White taper will be prepared. "Kl-oiii time to time since the opening of the conference various points of disagreement which have held up progress inwards disarmament have been settled. mid these, it is hoped, brought together in i, He, instrument, will be .signed by the Jive powers. The dilfere.nces in the naval requirements of Eranco and Italy have not so far been resolved. "At a meeting early ibis evening between the I'Tench, Italian and United Kingdom delegations it. was decided thai as such a substantial agreement bud heel! (oille. In it was bolh unnecessary and undesirable to keep ihe full body of delegates silling in London for a settlement of ditliciilties which primarily concerned those (hive delegations, ami so we shall propose that at the plenary session to be In Id early next week Ihe agreement now . time lo shall be sig I. and the conference adjourned on the liiulei standing thai Era lire, Italy and I'.r.iain will coiiliuue clforls to reach an agreement in conjunction with thai bet ween A met ica. Japan and Britain." KG COMPETITIVE BUILDING AN AMERICAN PREDICTION (Eluc. To). Oopyrfjrlit—UnitHd Pi-mss Assn.) (Received April 11, 2 p.m.) WASHINGTON, April 10. After discussing' flic genera! naval situation with I'rcsident Hoover, 'Mr. Ercncli, chairman nf the House Appropriations Naval Kub-conmiii toe, predicted to-day thai the naval treaty would stop naval construction competi- ; ion among nat ions.