INTERNATIONAL: The End

Down on all fours in London last week went Japan's chief delegate to the Naval Conference, Mr. Reijiro Wakatsuki (pronounced "Wakatsky"). With a little brush he deftly painted on a long white scroll his report to the Son of Heaven, the Sublime Emperor Hirohito of Japan, 124th lineal descendant of Sun Goddess Amaterasu.

Mr. Wakatsuki had to report that, whereas he went to London to win for the duration of the Treaty (it expires Dec. 31, 1935) a total tonnage for Japan in capital ships, cruisers, destroyers, aircraft carriers and submarines 70% as...