I have the honor to add that it is my understanding that this
communication from the Italian Government was presented to the British
Embassy in Rome on August 26th.67
[Enclosure—Translation]
Italian Memorandum in Reply to the British
Memorandum of August 2, 1935
The Italian Government has most attentively examined the memorandum
in which the Government of His Britannic Majesty, following the
conversations had with it on the subject of naval armaments, sets
forth the bases upon which, in its opinion, an agreement could be
reached.
I. In the opinion of the British Government, it would be necessary in
the first place to work toward new qualitative agreements to replace
those contained in the present treaties; for that reason the
fundamental purpose of the forthcoming conference should be
precisely the conclusion of new qualitative agreements.
As the British Government is aware, the Italian Government has always
in the past upheld the principle of the limitation of global
tonnage. Nevertheless, for the purpose of facilitating the
possibility of new agreements among the leading naval powers, it is
disposed to accept the principle of qualitative limitations.
II. As regards tonnage and armament limitations for individual
categories of craft, suggested by the Government of His Britannic
Majesty as possible bases for agreement, in point 4 of its
memorandum, these in a general way would fall in with the ideas of
the Italian Government. Before it could, however, pronounce itself
on the subject in any definite way, it would be necessary, in the
opinion of the Italian Government, to have certain data not yet
available upon which to base a decision: it is particularly the
naval construction program of the German Government and the
intentions of the Governments mentioned in point 5 of the British
memorandum to which the Italian Government means to refer.
III. As regards the possibility of a quantitative limitation of naval
armaments as well, in the opinion of the Italian Government the only
practical possibility which today seems to exist would be that of
prompt communication of annual naval construction programs on the
part of the individual powers concerned.
IV. As regards the questions referred to in point 8 of the British
memorandum, the Italian Government declares itself in a general way
favorable to an examination thereof during the forthcoming
conference, with a view to an eventual general agreement in the
premises.