Disarmament Once More The work of the Disarmament _Conference will
be resumed at Geneva on Tuesday. It may yet prove that an agreement on disarmament is the necessary condition of that restoration of confidence which alone can make an economic recovery possible. The Disarmament Con- ference when it adjourned three weeks ago had generated a momentum which might have carried it a good deal further if its work had not had to be interrupted. It is necessary now to get back to that position, and it will be the more difficult in that the hoped-for private conver- sations in London on points of difficulty have not in fact taken place. Mr. Henderson, who has done the Conference an immense service by refusing to despair of it, has now to get the second reading of the British plan started. The favourable factors are Germany's acceptance of the British plan and America's movement in the direction of consultation in the case of a breach of covenant—though that still requires rather more precise definition. The unfavourable include doubt about France's attitude regarding the destruction of aggressive weapons and our own insistence on the right of bombing in " certain outlying regions,"
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