Important in the week's developments on international naval reductions was a statement of Prime Minister Ramsay MacDonald:

"We have allowed no grass to grow under our feet. We've already started conversations with the United States. I am not a prophet and I am not going to pose as one able to prophetize, but today we had the second conversation with General Dawes and Mr. Gibson, and I am very hopeful."

So rapid in fact were the moves of U. S. Ambassadors Dawes and Gibson and Prime Minister MacDonald, that tactful hints were sent out from...

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