Unless renewed, the structure of limitations resulting from the London naval treaty will expire on December 31, 1936. This agreement, however, provides that a meeting of the signatory powers be held in 1935. It rests with this conference, so soon to assemble, to choose either a continuation of the one at least partially successful attempt at arms reduction resulting from this and the prior Washington treaty, or a return to the old days of frankly and inherently competitive naval expansion. The issue is indeed momentous.
The Issue at the Next Naval Conference
By Lieutenant Commander Melvin F. Talbot (S.C.), U. S. Navy