10 JANUARY 1931, Page 3

Germany and Disarmament President von Hindenburg in his reply to

New Year messages emphasized the importance of disarmament. If the Allies do not disarm they cannot refuse to Germany the right to an equal measure of armament. What would happen then ? A re-armed Germany would increase the nervousness of France to alarm. Europe would again become an armed camp regarding peace as a mere interval between wars. That is the appalling danger which the forthcoming Disarmament Conference has to prevent.