In the circumstances Japan is oblived to conclude that China had not carefully considered her proposfal before she decided upon it and her plan so is very loosely drawn up that it does not bear scrutiny. Japan has declined to consider it, and the Imperial Government is ex: pected to send a reply presently to China to that effect, only couched in more diplomatic language. In all probability, at the same. tim it will offer a plan for the problem which Jai fair all round.
Japan's plan, as the present writer understand it, is one for Joint international undertaking, not such as has been proposed by China, but of taking in England, and France, Japan and America and China. Japan does not, however, relinquish the claim of validity of the exclusive right secured by the Mitsui interest. Nevertheless she is aware that strict adherence to
Text read from the printed page and cleaned; old type leaves the occasional error.