Rome:
France rejects Italy’s earlier proposal for
naval parity between the two countries, bringing to a standstill the negotiations
by the two nations to reach a preliminary understanding prior to the London
Naval Conference. The Italian Foreign
Ministry says it views negotiations as at an impasse.
Elsewhere:
Austria: The worldwide economic downturn grows: unemployment
here reaches 300,000.
Great Britain: More bad economic news: unemployment
here exceeds 1.5 million.
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