28 APRIL 1928, Page 2

The French Government have. circulated a draft Peace Pact to

be considered side by side with Mr. Kellogg's draft. It contains all the reservations that were expected. The Pact is not to affect the right of " legitimate defence ", within the scope of existing treaties, but subject to that provision France is ready to renounce war as the " instra- ment of any personal, spontaneous and independent political action." If one of the signatories should violate the Pact the other contracting Powers would be set free from their engagement in regard to that party. Finally, the Pact would have no binding force until it had been generally accepted, unless it was specially agreed that the Pact should be put into force in spite of abstentions.