Lord Cecil has eonvineed himself that such all agreement as
is embodied in the Convention is better than none, because without iigrecnient there mold he no hasis for the Disarmament Conference. We dould the validity of I his reasoning. We should have preterred to say that an ensured bad start for the Conference may lead to dis- aster. We would have relied 1111011 plibuic opinion, when
936 a postponement of the Conference had been accepted
037 as inevitable, taking fright at the present alarming drift back to a rearrangement of Europe into milli a ry blocs. There is, indeed, a most serious danger that if Germany feels that she is being cheated of the pledge in the Peace Treaty that the Allies will disarm she will insist on rearming herself. She may snatch at the oppor-
tunity of joining with others who share her in of France—with Italy and Russia.
