WORLDS PEACE.

Dominion, Volume 7, Issue 1976, 5 February 1914, Page 5

WORLDS PEACE.

BRITAIN'S FOREIGN POLICY. SPEECH BY SIRE. GREY. THE BURDEN OF ARMS. AND PRESSURE OF FINANCE By Ttlegroph-fress Asßoolatifla-CSopyfisshV Cftec. Fsbniary 4, 10.5 p.m.) Vdndon, February 4. Edward Srey (Secretary of State for Foreign Affairs); speaking at the Manchester Chamber of Commerce ■dinner, said that a day may come when the natioii would rush in and stamp amt tlie war between the contestants iii the Balkan tr&uble. The Powers kept r>eace between themselves, and by so elcing reiktercd tho greatest service to Great Britahi, whose foreign .policy Was . iiot mttfely to keep this country ai peace, L to SCgl? to ma,CB f lO world's peace, Tho enormous growing osbendituro cf armanmhts was not a British (luestron but a Ekiropetin one, and it was impossible far Ctoat Britain to keep -fentirely froft from naval expansions when there were such tremendous increases in Europei _Ha did not 'bel'ieve. that if Sreat suspended her programme aitegethor it would cause any alteration' to European ship-building, 'and-for us to inakc an-enormous reduction in naval exponditufo when there ,was no sign of its cortftifiiy to proditee a corrcspoadiivg effeet on the Great Powers of' feppo Would, be staking too much on a gambling chameo .

The feeliiig against excessive uitufb is stronger here than elsewhere, 5 ! Ac continued, "because as a business nation we are penetrated by a sense of its unproductiveness. Pfesßuro of finance was the only thing to bring homo to. us tho desirability of diminishing the probability of war and keep the coinpetitigniOf armament?, within bounds," He hoped that Wt> Were approaching a time, whon such pressure was p'rpß])e6r ttvo as Would snake seme agreementpossible. . '

SHmSH-AMSBIGAN TREATY. NO NAVAL SOLIDA?. (Rec> Februry 4, 10.5 pla.) . , Washington, February' 3. General Spring Rice (British Ambassador) and Mr. "Biff an (Secretary, ef .State) Conferred to-day in regard to the forutulatio.il of a Peace Treaty'between Great Britain art! the ifntted Mates, similar to these tho United States has already signed even with fo.rsjgii countries, ' i Gfcat Britain approves Mr, Bryan's Watt in principle, but it is ininiokblo that,the naval holiday, scheme will be HICHMod. It is stated that General Spring Rico does flot intend to resign tho Ambassadorship, as his health bag great]? improved- .. ■ " : IimUTION TO REDUCE. '. (ftefi. February 4/11.30 p.m.) ' , London,. Februai-y 4. At a -meeting organised" by. the Reduction of Armaments Committee., tho Bishop of Hereford moved: "That as tlio anipuiit spent, in. armaments is eSee-s* sive, tlio Government should reduce the expeudiWre." ' . ; .' hard. 00-urtney and several liberal ooinmoiiern supported tho motion, tthich was carried-. •-.:- ■ ■ SOIIteAFRICA'S NAVAL BEFKNOE,' ' {Rec February A., 11.30 p.m.) ■ • ■ . n Cape fowri, 4. ! The Premi-Bi , (GoUoral Lqftis Botha), addressing tho Assembly, stilted tliat the' diseuseien oh iiaval'<JeffrM.ce with t]i<* Ijiiporial Government, which had been iritsTr;n.psoi by tho -death of the Minister- (Sir. Fiseh<*r) ivou.ld be resumed shortly. . . *