No solution which does not meet these demands will ever be accepted by the Arabs and the Moslems throughout the world.
This statement can be seen as a blueprint for Arab-Israeli relations throughout the entire century. Everything that the Arabs have said or done since then, including Camp David and Oslo, has been entirely consistent with this statement. (In my opinion, the Jordanian leadership has been the only exception, and I think the reason is that they hate the Palestinians more than they hate the Jews.) All "peaceful" moves have been with an eye towards the long-term eradication of Jewish control over any part of the area.
Interestingly, on the same date in 1935, there was a review in the Palestine Post of a book about the history of Arabs in Palestine, and it rightly pointed out that Arabs themselves only ruled the area between 637 and 1071. Although this seems comical, it points out another fact that gets lost in today's world of instant news: the Arabs have a very long historical memory, their perceived humiliations from centuries past are still considered fresh wounds (reference Bin Laden's mention of "the tragedy of Andalusia"), and they are therefore patient as to when they will finally acheive their ultimate victory over the world.
Of course, Jews happen to have a historical memory that is quite a bit longer than the Arabs', as can be seen from this page 1 article of June 2, 1933: (Syria should be thankful that Israel doesn't assure its historic rights over Damascus!)
Yet somehow the Jews didn't rely on the very strong Biblical-era reasons that they should remain in the area, but they also worked hard to ensure that they keep their rights to the Land - with a superior claim historically, militarily, politically and legally.
Jew-hatred, however, will always ignore mere facts.