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10. The above opinions regarding the scale of probable naval attack and attack by military landing forces are based upon a consideration of the strategic conditions created by the existence of the Anglo-Japanese Alliance.

Should the Anglo-Japanese Alliance be determined, changes in the strategic situation would ensue which might have far-reaching effects upon the position of New Zealand and necessitate a reconsideration of the scale of probable attack.

May 3, 1911.

2, Whitehall Gardens, SW.,

PRINTED AT THE FOREIGN OFFICE BY J, W. HARRISON,~ 18,5/1911.

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