NAVAL AGREEMENT FORECASTED.

Timaru Herald, Volume CXXXIV, Issue 18817, 4 March 1931, Page 9

NAVAL AGREEMENT FORECASTED.

Success of Negotiations. OTHER POWERS CONSULTED. United Press Association—By Electrlo Telegraph—Copyright LONDON, March * 2. The British Government is submitting the naval agreement to the Cabinet to-morrow or Wednesday, after which it will be despatched to Australia and New Zealand. It involves a mass of new figures affecting many categories, but in view of the desire for an early reply a short' dispatch will be cabled and the full agreement mailed. RECEPTION OF REPORT. WELL RECEIVED IN FRANCE. United Press Association-'-By Electrlo Telegraph—Copyright PARIS, March 2. The naval agreement is well received by the Press and is regarded as an important step towards the organisation of European and world peace. “Le Journal” congratulates Signor Mussolini upon the modification of the parity demand, “showing a breadth of outlook, spirit and initiative which is the privilege of Governments free from parliamentary control.” “La Liberte” and other papers all welcome the accord as ending the Franco-Italian irritation and frictions, which resulted from the deadlock in the cause of disarmament. NEW NAVAL ACCORD. CREATED BY LATEST DEVELOPMENTS. United Press Association—By Electrlo Telegraph—Copyright GENEVA, March 2. League circles welcome the new naval accord, as enabling the opening of the Disarmament Conference of 1932 with increased confidence. The only apprehensions in this respect concern the Soviet’s real intentions. Apart from this problem, the path leading to the reduction of armaments is believed to be clear for an advance. VIEWS OF JAPANESE PRESS. TRIBUTE TO BRITISH EFFORTS. United Press Association—By Electric Telegraph—Cocyrlght (Received March 3, 11.15 p.m.) TOKIO, March 2. The leading vernacular papers favourably acclaim the reported Franco-Italian naval accord, which is considered to be a testimony to the British efforts in the cause of world peace. COST OF EMPIRE’S NAVAL DEFENCE. BRITAIN’S BIG CONTRIBUTION. United Press Association—By Electrlo Telegraph—Copyright (Received March 3, 7.30 p.m.) LONDON, March 2. In the House of Commons, the Under-Secretary to the Admiralty, Mr C. C. Ammon, made a statement, giving particulars of the amounts provided in the respective estimates for the Empire’s naval defence. Total Vote. £ Britain 51,739,000 Canada .. •• •• .. 720,000 Australia 1,778,000 New Zealand .. .. 675,000 Including £125,000 towards the Singapore base, and £IOO,OOO interest and sinking fund in respect of the warship New Zealand. South Africa .. .. 78,000 Per Capita Basis. This worked out on a per capita basis as follows; Per capita.

s. d. Britain Canada Australia New Zealand .. . South Africa .. . . .. 10 7