School of Thought Tending Towards in Trade Reciprocity From Our Owy Tokyo, Jan. 16. they are convinced, be anything but vorivineed that. economic nation-disastrous to Japan.
Of course there are responsible] lism, on which most nations seem businessmen who insist that this} be depending to stoke the mach-country need not fear the world, da Snery of business recovery, will prove disastrous to Japan and will that it is not having recourse to Hetually retard world-wide trade unfair trade methods and that ity Would be wa wise to curtail Japan's Yevival, many of this country's Teading statesmen, politicians and exports of her own volition and businessmen are' voicing grave thus Jose markets which were eapagainst, the pursuance of tured at great cost. such a policy.
But on the whole the adherents:
Determined, but without shouting to a policy of reciprocity are in the and tumult, these men are setting ascendancy. Already, it is point<d the processes of economic revival fut by supporters of this latter} through international trade reeigroup, twenty-six nations have] probity" into fruitful motion. Sup-[adopted various measures to res! ported by the government, they are Japanese trade. Furthermore, it is Studying' means. whereby "reciprocal explained, France, England, 'Italy' fant agreements' may be entered Germany are contemplating. into with some of the principal Joint action against this country. nations of the world.
Adil to this the set-back that has]
Inline with this policy been suffered in the curtailment AmérieaneSapanese trade council taw silk shipments axa result of has recently been organised in New the depression in the United States York. This is considered a pre aninaiy step to the opening of a iloted on this commodity in 1934, official trade conference between the and it will be easy" to realise, that} United States and Japan. That} Japan is "yuck considerable importance 1s attached the world." Naturally even to the preliminary talks. ix different if, contrary. to. general evident from the manner in. which prehensions, the United States un-the newspapers are displaying all Uergoes a decided economic revival news pertaining to this question. uring' the next few months, but discussions of this nature Say observers here, is hardly' other countries, notably Great Bri-expected, tain, have already been inaugurate ed and have borne much fruit. Behind the apparent Japanese change of mind lies the fear of further Aanthgonizing the world, particularly
Text read from the printed page and cleaned; old type leaves the occasional error.