Show ENGLAND OFFERS OFFERS' I AIR ALTERNATIVE I II I Ready for Arms Accord or i Aerial Race Copyright 1934 United Press Preas LONDON March LONDON March 2 Great 2 Great Britain is offering Europe a clear choke choice between between between be be- tween tween reaching a disarmament agreement agreement agree agree- ment and matching her in vast expenditures ex ex- s on on aerial armaments the 1934 1935 1934 1935 air l force exp expenditures ures ze re revealed today It was revealed also that within the next year year Britain will build a squadron squad squad- ron ran of gr great at flying boa boats to be besta- besta stationed sta honed overseas The estimates for the fiscal year beginning April 1 provide f for r total expenditure of pounds pounds' pounds 2 a above those for the current fiscal year Their significance ance however lay Inan in inan an accompanying memorandum by byTh Th hard rd Londonderry ai air minister The gov government has given abundant abundant dant proof of sincerity bf purpose to achieve air disarmament nt Londonderry London derry wrote They are under the necessity of making it equally plain that they cannot in the inter interests ts of ot the national and Imp imperial security accept accept accept ac ac- ac- ac the position of continuing Inferiority in In- I in the air |