We have spoken of an understanding which might possibly make
an exact naval agreement superfluous: We had in mind the interesting rumours which arc men= tioned by the London correspondent of the Manchester Guardian about a model Treaty of Peace between Great Britain and America-, drafted here by a high 'legal authority. Why should not the hundred-years' peace be succeeded by a hundred-years' Treaty ? Recently there . was a discussion about a Peace Treaty between France and America. M. Briand flew a large kite, but unhappily it came to earth. It is said that President Coolidge's interest in the scheme has caused it to be taken up again and discussions arc quietly going on between Paris and Washington. If anything comes of these discussions there would be not only an excellent opportuiay .but a duty for Great Britain to join in.
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