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MAY FORM GRAND ALLIANCE PARIS, France, April 27.— Prospects that a grand alliance of Britain, France, Russia, Poland and Rumania might be speedily formed improved suddenly today with the arrival in Paris of Ivan Maisy, Soviet ambassador to Great Britain. Maisy came direct from Moscow with special instructions regarding Soviet participation in a non-aggression agreement, which Russia wants to include the Far East as well. Maisy immediately advised Ambassador Jacob Souritz of the results of his conversations with Foreign Commissar Maxim Litvinoff in Moscow, and with British Ambassador Sir William Seeds. Souritz, in turn, was expected to confer with Premier Edouard Daladier. Observers believed that the main hitch previously holding up Russian participation in the ring of steel around the Fascist powers, Moscows demand for Far Eastern guarantees, might be smoothed out as a result of Maisys arrival.