Press Says Government Now Ready to Reply to US.
Tokyo. Dec, 24.
Amicable settlement of" the Panay aneident will be reached shortly be= tween Japan and America, asthe formal reply of the Japanese Gov ernment to the protest against the sinking of the gunboat ix expected made within two days, metro politan papers said to-day.
The Japanese Government has eompleted investigations of the bombing of the warship after thorough'studies the Feports of military and. naval authorities on the spot, the dairies declared.
'A decision has been reached, the papers sated, on the attitude of the Japanese Government toward the ree points in the protest made by the American' Government. Agree~ ment on Japan's formal reply, said the journals, was. concluded amon the officials of War, Navy and For
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