The Alaska daily empire., 1921-01-13
PERMANENTPEACE. IS DREAM, TOKYO. PRESS DECLARES.
Proposals for Reduction of Naval Armament Termed Admirable, Impractical" BRITISH VIEW OPPOSITE London Papers Says Mainten- Of Two Reels to One''
 Policy Impossible.

IONlO, Jan. o. - Ter uldHelt world peace is a dream and pro posals for initiation by the United States of negotiations with Great Britain and Japan for 50 per cent reduction in the naval building pro- grams of the three nations, hear ing5 on which are now being held by the United States Senate Foreign Relations Committee, are admirable but impractical" according to the Hcchi Shimbun, Tokio newspaper.
 The Yorozu Shoho views the pro ject with suspicion, declaring it has elements of mystery and is pregnant with mischief, while the Chugai Shogyo Shimpo considers that Japan can not lightly agree to the plan. It says, however that plan under which the United States would cease construction after the first program had been completed. and Japan stopped building after the completion of her eight. battleship-cruiser pro- gram would be open to considera ton.
 Amef1Cd IS Blanca.
 The Jiji Shimpo declares that Am erica's s program is the sole cause of the naval race, and it asks what Japan's course should be if the United State closed down and Great Britain followed suit The Nichi Nichi takes the view that the entire project depends upon the attitude of Mr Harding when he assumes the Presidency and that nothing will happen until his administration is installed
 LONDON, Jan. 13.-Any attempt by Great Britain to build big navy in competition with the United States would be absolutely disas- trous," says some of the leading weekly periodicals of London, in commenting on the anval estimates for the current year As presented in the House of Commons these ee- inmates were fixed at 90,S72,360 pounds.
 The Spectator condemns the post war recrudencence of "navalism under the caption "The Naval Skin Game" Against whom should We be bulding?" it asks. Either against America or Japan. We should not be building against both for an alliance between them against Great Britain is inconceivable.
 Competition Disastrous.
 We want to say most emphati- cally that in our opinion a COmpe- titiOn with Amreica would be ab- S0lutely disastrous. We hope the na- tion will never consent to it.
 Any suggestion of two keel, 10 one" naval policy as directed against the United States the Spec t1tor dismisseS as ludicrous. and it underscores the phrase: We must not form our policy on the pOssiGil- ity of d war with America
 "If ever we joined with Japan against America, we should have sounded the kneIl of the British Empire" the paper concludes.
 The Nation. which brands big navalism as sheer lunacy. also strongly opposes naval competition with the United States which 1t says will have navy superior to the British in 1924.
 We cannot successfully enter on shipbuilding competition with America which has twice our pop ulation and four times our re- sources" this paper says and it con tinues
 Leagues Fate Involved
 'Ujr nayalists have pat aHoth CT nail in the coffin of 'he Leag',n o. Nations. Unless this policy is re- pudiatCd at once. it will do more than anything else to keep America out of the League. to impel her 10 a Ioitica, and economic isolation. de yeloping her full pcwers of military and naval defense. drawing the