PLANS PARITY OFFER IN MEDITERRANEAN; France Would Agree Never to Maintain in Those Waters a Fleet Superior to Italy's. FOR BRITAIN AS GUARANTOR Naval Locarno Idea Conceived by Briand Regime Is Likely to Be Submitted Soon. Want Mediterranean Parity. PLANS PARITY OFFER IN MEDITERRANEAN Would Not Have to Build. MacDonald's Reaction Awaited. Scene of Parley Not Chosen.
Armament limitation negotiations



