27 OCTOBER 1928, Page 1

The only point upon which we are still insufficiently informed

is the question of the military reserves. At first sight it seems that the British offer to meet - the French dethand that the reserves should not be calculated in estimates of strength, stands or falls with the com- promise as a whole. As the compromise is dead, it might be supposed that Great Britain is not committed in any way. Hitherto she had resisted the French claim, and would appear to be still free to do so. The docu- ments, however, include one telegram—from Lord Cushendun to the British Embassy in Washington— which implies that the French argument has been accepted independently of the naval compromise. If this is so, we greatly regret it.. We cannot have much. real hope of moving rapidly towards disarmament as long as great Continental armies Mend in the way.

5 * R-