ITALY'S NAVAL SCHEMES

Taranaki Daily News, 12 May 1930, Page 11

ITALY'S NAVAL SCHEMES

ITS GUIDING PRINCIPLES

HOPE TO AGREE WITH FRANCE

ELIMINATION OF DISTRUST. "•

By Telegraph—Press Assn. —Copyright

Rec. 5.5 p.m. : . Rome, May 10. The long awaited speech by Signor: Grandi on the subject of the naval conference in London was heard, with rapt attention by a crowded Chamber. Signor Grandi said taly was convinced thatnaval parity was something loftier than mere arilthmetical calculation, .

‘■We regard it as a principle of, international morality based, om mutual ‘confidence and the elimination of distrust,” lie skid; "It is on this principle that the two most fully armed naval Powers, Britain and the United States, have reached agreement. If that agreement is extended to other nations it. will be the beginning of a new era of international relationship. The London conference disposed of two calumnies—-the first of Italy pervaded by a bellicose spirit; the .'second that of Italy vacillating in her international actions.” Signor Grandi concluded by stating that.he refused to think a naval agreement with France was impossible.