ment should be sought, Mr. Chamberlain went on, for an
 
economic international adjustment to meet the objectives
 
he had mentioned in a recent address, and which were more
 
fully outlined in the memorandum I had handed the French.
 
Minister of Finance.
 
     With regard to the Colonial problem the British Govern-
 
ment had it in mind to propose the creation of a broad colonial
 
belt through Africa running roughly from northern Tanganyika
 
on the East to the British Gold Coast Colony on the West and
 
as far south as Rhodesia and the Union of South Africa, to
 
be open to the emigration .Trade and investment of all nations
 
on the most-favored-nation basis. In this manner Germany
 
could obtain all the raw materials she desired and provide
 
for all the emigration she wished. There could under such a
 
system be no further basis for the German complaint of dis-
 
crimination in the colonial field.
 
       The chief problem remained the question of security and 
 
disarmament, as well as the question of any international 
 
police force of a regional character. Mr. Chamberlain be-
 
lieved these problems could be solved, but he had not dis-
 
covered the solution. He wondered if I realized how in-
 
timately involved in the whole problem of armament was the 
 
question of the manufacture of machine tools. A nation that 
had an ample number of factories manufacturing machine tools 
 
could arm far more rapidly than a nation which did not possess 
 
such factories. He felt there was an infinity of such con-
 
tingent problems which would have to be solved before any
 
workable plan for the control of disamament could be de-
 
vised. The question of any effective control of an inter-
 
national aviation police force was likewise a very knotty 
 
problem to resolve.
 
 
                                           He