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·VEL, APERIENTALE »

BALECLERC'S ALS ZE De LE CLERC'S ALT="FON

AMANIA, IS 14

NAVAL CONFERENCE

STATEMENT BY SIR AUSTEN CHAMBERLAIN,

[BRITISH WIRELESS SERVICE.]

3

OPERATIVE FUNDS.

BILANCHES MAY STOP USE OF

MONEY FOR POLITICAL`

ENDS.

RIVAL ASSOCIATION?

"Two nations, each possessing LEGAL BATTLE OVER CO 100,000 tons of battleships may be regarded without serious error as being so far equal in fighting. powers. No such statement can reasonably be made about two pations each of which has its ten cruisers of 5,000 tons. It all de pends upon circumstances, and it is thought that naval experts would probably agree that if it came to Sghting, more numerous but smaller Ruay, July 7th

vousels would stand but a poor Sir Austen Chamberlain, the chance against their more powerful Foreign Secretary...” and

but less numerous opponents. Any Acting

country which for any re&SON: WAS Premier, made a statement in the obliged to distribute its available House of Commons regarding the tonnage among smaller craft would naval limitation discussion. Hebe at a permanent disadvantage compared with one which was able to adopt a different, scheme. There would be nominal parity, but real inequality."

said

The

:

11

Prospects of litigation arising out of the decision of the Co-operative

Congress to use the society's funds for political purposes were recently discussed in political circles.

well-known K.C., has expressed the Sir Walter Greaves-Lord, the opinion that it will be possible for any branch, the members of which object to the allocation of any portion of their funds for political purposes, to apply for an injunction. to restrain the officers from using money in this way, unless the rules expressly of the particular branch provide for such allocation.

In view of the large number of branches which voted against the alliance with the Socialist Party, legal proceedings are regarded as extremely likely.

Government thought it necessary to have an opportunity of conferring verbally with the

Questions Answered. British delegates in order that they

Answering a question by Mr. J. might have a full understanding of the position reached in the Geneva Cigars, the Labourite, air Austin early negotiations, and be enabled to take Chamberlain promlardan a decision on certain points referred opportunity for discussion in Novem. to them by the delegates.

ber, when the House reassembled "These questions have been fully after the summer recess.

Commander Kenworthy (Labour) discussed during the last few days, and the delegates are to-day retara asked whether Sir Austin Cham ing to Geneva to continue the con-berlain could deny a statement re- ference, which we trust will reach Fented abroad with reference to

Meanwhile, there is talk of a a successful conclusion. In these 500,000 tons of cruisers said to have circumstances, it would be improper been demanded by the British dele- movement to establish a rival co for me to make, at this stage, any gates. Sir Austin said that dele-operative association. detailed exposition of the British gates never mentioned 600,000 tons, proposals or to comment on the and therefore he could give an as. proposals of the other Powers. The sured dinini. statement which I am going to read is, therefore, designed only to re- move any misunderstanding which, if it continued uncorrected, could not but impede the prospects of

success.

Answering further questions, Sir Austen said." The basis of the conference is, we understand, and the President's own intention is, to reconcile the limitations of arma- ments with national security, and that is the basis on which any con- ference for the limitation of arma ments can ever be brought to a successful issue."!

(THROUGH REUTER'S AGENCY.], A Stupid Suspicion.

Newcastle Co-operative Society. has announced that it will not act on the Congress decision, which will also remain operative with the leading Lancashire societies.

-SUN INSURANCE.

ANNUAL REPORT OF THE

DIRECTORS.

Messrs. John Manners & Co., Ltd., the local agents of the Sun Insurance Ofice. Ltd., have, sont us the following report of that Com- pany for the year 1928:-

ני

Tire Account. " The net premiums amounted to £2,527,078 94. 21 as compared with 2,384,031 6s. It in the previous year. The net losses paid and out- standing, including contributions to Fire Brigades, were £1,131,359 38.. 3d, as against £1,117,049 85. Od. in the previous year.

Serious Misapprehension. "The conference on Daval is armament, now sitting at "Geneva, have discussed important points in technical committees and at the plenary conferences, but despite the efforts of our delegates at

LONDON: July 27th. Geneva, a serious misapprehension

Sir Austen Chamberlain," in the of the attitude of His Majesty's House of Commons, said that it Government still prevails in some was improper at this stage to make quarters. His Majesty's Govern a detailed explanation of the Bri- ment have even been charged with tiah proposals at Geneva, Tor com- a desire to destroy that equality of ment on the proposals of the other sen-power, as between the United Powers, but he desired to remove States of America and the British a, misunderstanding which, if un- Empire, which the Washington Con-corrected, would impede the pros ference contemplated a suspicion pects of success for which there is no foundation. The British Government had even The invitation of the President been charged with the desire to

The credit balance of £377,756 138. of the United States to take part destroy the equality of sea power in the disarmament conference was between the United States and the 2d, which includes £83,999 64. 11d. understood by His Majesty's Gov British Empire, which the Washing-for net interest, has been trans- crament to be based on his desire ton conference contemplated, a sus-ferred to profit and loss account.. to develop the policy of the Wash picion for which there ington Conference, by diminishing foundation. vet further naval expenditure while maintaining national security. With this twofold and, His Majesty's Government are in complete agree- ment, and they desire to measure the merits of every proposal by the degree to which it furthers this two fold end.

Was in

Personal Accident Account.

The net premiums have increased by £8,397 108. 3d, to £34,068 0s. 10d. The losses paid and outstanding were £11,761. 11. 2d.

In accordance with President Coolidge's desire. still farther to diminish naval expenditure while maintaining national security, His

Including act interest of £1,004 Majesty's Government proposed to diminish the size and armament of 123, 3d, the credit balance of £8,957 battleships, while leaving unsiter. 14. Od. has been transferred to ed, the numbers fixed at Washing. profit and loss account. "It is on this principle that they ton, and also suggested a similar Employers' Liability Account,

the number and have proposed to diminish the size limitation in

The pet premiums were £139,467 and armament of battleships, while armament of the large fighting B. 3d, showing an increase of leaving unaltered the numbers fixed cruisers. No such simple way was £3,397 158. Id. on the figure for at Washington. It is for this reason possible in the case of the small 1925. The claims paid and out- also, that they suggest the limita cruisers employed for police pur standing were £82,114 88 8d., an tion in number and armament of the poses in peace time, and necessary increase of £13,580 93. Od. over those large fighting cruisers, on principles for the protection of communica of the previous year. similar to those adopted at Wash.tions in wartime. ington for battleships. This pro- posal, like the first, would greatly diminish national expenditure with out endangering national safety.

"The questions connected with small cruisers are of more compli- cated character. The strength of the fleets can be stated in figures and compared with precision. Their primary function is to fight others, and, speaking broadly, they can

Vital Necessity for the Empire. Such vessels were a vital neces eity to the Empire, whose widely scattered parts were divided by seas and oceans, and whose most populous parts were dependent for sea-borne their daily bread on traffic:

Including net interest of £5,758 108. 7d. the credit balance of £6,870 Da. ld has been transferred to profit and loss account.

Bulglary and General Account.'

The net premiums were £759,107 1s 8d as compared with £718,203 159. ed. in the previous year, and the claims paid and outstanding His Majesty's Government, while were £429,015 78. d. as against ging the special difficulties of £413,384 138, 3d. in 1926. Britain's geographical position, is The credit balance of £37,828 13e. far from claiming the least right ed, including net

interest

of

to dictate a small cruiser policy to £16,008 0s. 5d., has been transferred the other Pawers. They accept the to profit and loss account. general principles of the Pre- sident's, policy that no maritime

Marine Account.

casily be compared with each other. No such simplicity of looking at the subject is possible in the case of small cruisers employed for police purposes in time of peace, and necessary for the protection of lines

Power shall maintain a larger navy The net premiums amounted to of communication in time of war. Geographical considerations cannot

than is required for "Its own 2297,682 78. 8d. as compared with £21,980 188. 4d. in the previous be rationally ignored. It can hardly security

Anything resembling the quasi-year. The net losses paid and out- be denied, as was clearly stated by

formala adopted atstanding were £10,355 98, 3d. us when accepting the President's permanent

Including net interest of £8,655 invitation, that such vessels are of Washington for battleships was vital necessity to an Empire whose quite applicable to vessels de 178. d. the credit balance of widely scattered parts are divided signed for purposes which must £28,656 178, od, has been transferred from each other by seas and oceans, vary with "the geographical and to profit and loss account.

Income From Investments. and whose most populous part is economic position of the several Powers concerned, and was even dependent for its daily bread on

Interest, as shown below, has imapplicable when the sen-borne trade, and which would more. perish if unable to protect its strength, numbers, or armament of been credited to the various under- two nations, each possessing 100,000 net on the mean of the funds for writing accounts at 3 per cent. tons in battleships, are regarded the year and the balance to profit as of equal fighting power,,, "de

external trade..

Bea Router.

"It has to be noted further," that the sea routes on which Britain

No such statement can reasonably and less account.

be made about two nations, one of Fire secount........... depends for her existence are which had ten trufsers of 10,000 Personal accident" se largely in narrow waters bordered tons, while the other had twenty

count

by other staten This is not the cruisers of 5,000 toga..... Employers' liability ac

case with the United States, whose most important lines of communica tion are either on land within ber

A Permanent Disadvantage.

which was obliged The country own frontiera or along her own to distribute its available tonnage coasts. These circumstances receiv among the smaller units, would be ed due consideration at Washington at a permanent disadvantage com- in 1922, and have not lost any of pared with one able to adopt a different scheme (Cheers.) There their importance.

**But it is hardly necessary to say would be nominal parity, but real. that His Majesty's Government,inequality (cheers), therefore in the while urging our special position, opinion of His Majesty's Govera are far from claiming the least right ment no provision open to such

counts

£83,022, 8.11

1,004.12. <3

5,758.10.7

14,005, 0, 0 8,655.17. D

Burglary and general

account Marine account Profe and loss account 90,795. 2 €

Total interest for. the year.

£206,129.10. 6

to dictate, a small cruisers-pelier criticism should be given the inter- the Government was well sasured to the other Powers. They accept national authority already possess was no part of the President's general principles which, as they ed by those parts of the Washing policy." (Cheers.) understand them, underlie the Pre ton treaty dealing with strength of sident's policy, that no maritime number

600,000 Tons?

Replying to Commander Ken

-Power should maintain a larger His Majesty's Government were worthy, Bir Austen Chamberlain navy than is required for its own of the opinion that there need be denied a statement current abroad security. To translate this into no difficulty in arriving at a ten that the British delegates at the figures for reasons already given,porary arrangement about imme

case

far more dificulties arise in the diate or future czuiser building, beginning of the conference de manded 600,000 toms in cruisers small cruisers than in the but the British Empire cannot be sad said that Mr. W. C. Bridge of case of the larger types of surface asked to give any such temporary man had never mentioned 600,000

He quasi-permanent formula adopted immutable principle which might

vessels. Anything resembling the arrangement the appearance of an omised Mr. J. R. Clynes

at Washington for battleships, is be treated as a precedent. Any that there would be an opportunity quite isapplicable to this class of other course would inevitably be for discussion on the resumption vessels. It becomes even more in interpreted in the future as in- of Parliament in November.

Asumilar statement on applicable when strength is estimat- volving the formal surrender of

d in terms of gross tonnage with- maritime quality by the British Geneva conference was made by out reference to numbers or Empire, the consummation of which Lord Balisbury in the House of

(Contlevucă on next Column,) Lords

the

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