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It can never be relieved of the responsibility of adequate national defense. We have one treaty secured by an unprecedented attitude of generosity on our part for a limitation in naval armament. After most careful preparation, extending over months, we recently made every effort to secure a three-power treaty to the same end.

It is admitted in so many words that it is too early to know who is to triumph in the gigantic European struggle; it is also admitted that Germany will forever be the enemy. At the same time it is expected, should the issue of the struggle be clearcut and decisive in favour of the Allies, that a new three-Power combination formed by England, France and Russia may be made to operate against Japan.

From the time when the three-power mandate dictated to Japan a cardinal alteration of the Shimonoseki treaty, Japanese statesmen concluded that their country must one day cross swords with Russia.

I am permitted, however, to name some of these instruments, such as the subterranean microphone, sizorscope, horoscope, perpendicular and horizontal range finder, elongated three-power French binocular, instruments for determining the height of airplanes, etc.

We are ready and willing to continue the preparatory investigations on the general subject of limitation of armaments which have been started under the auspices of the League of Nations. We have a considerable cruiser tonnage, but a part of it is obsolete. Everyone knew that had a three-power agreement been reached it would have left us with the necessity of continuing our building program.

At the same time it is expected, should the issue of the struggle be clear-cut and decisive in favour of the Allies, that a new three-Power combination formed by England, France and Russia may be made to operate against Japan.

We are ready and willing to continue the preparatory investigations on the general subject of limitation of armaments which have been started under the auspices of the League of Nations. We have a considerable cruiser tonnage, but a part of it is obsolete. Everyone knew that had a three-power agreement been reached it would have left us with the necessity of continuing our building program.

It can never be relieved of the responsibility of adequate national defense. We have one treaty secured by an unprecedented attitude of generosity on our part for a limitation in naval armament. After most careful preparation, extending over months, we recently made every effort to secure a three-power treaty to the same end.