Tokio, Jan. 30.
The thinking element in Japan to-day is divided into two camps. There is the conservative camp, whose adherents view the results of the Washington Conference with a sense of uneasiness and feel that! Japan has fallen a prey to the designs of the United States and the European Powers. In this body there is the general belief that Tapan should follow along the path of the past 50 years, well covered, as it were, by a military and naval con Quite contrary to this sentiment is that of the progressive, who believe that Japan now has her golden opportunity and that the way is open to her to} become one of the leaders in the; uplift. of civilization and find for) herself an international haven of peace and security without spending half her income on armaments.
Text read from the printed page and cleaned; old type leaves the occasional error.