Mr. Chamberlain, M. Briand and Herr Stresemann, respectively the Foreign Ministers of Britain, France and Germany, set out last week with a host of lesser diplomats for the little village of Locarno, Switzerland, to try to negotiate a security pact which has as its essence the definite guaranteeing of the peace of the Rhineland. Their chances of success and the form which the fruits of their negotiations would take were contrarily predicted as follows:

Optimists declared that as a minimum of accomplishment a pact would be signed between Britain, France, Belgium and Germany, which would achieve the following results: 1)...

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