With regard to the anti-Japanese movement he said that due te strict surveillance on the part of the Chinese authorities, Shanghai was quiet and the Japanese community there was not worried by fanti-Japanese agitators. wore arresting and shooting all communists, but that, while the Tapanese community was free from rowdies and hooligans, it was, on the other hand, facing a more peaceful and systematic anti-Sa~ panese movement which is en-and fostered by the Economic nonrse with the Japanese is being carried on in quite a skilful manner and Japanese. merchants have been hard hit not only in and around Shanghai, but all through the Yangtze valley. On account of this boycott, the Poochow branch of Mitsui & Ca. had to be closed."
Text read from the printed page and cleaned; old type leaves the occasional error.