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Cathay Hotel Book Stall, Palace Hotel Book Stall, Cathay Hotel. Palace Hotel. em doubt of the sincerity of her rejection, and it has been made perfectly plain that China does not yet consider that all is lost and is still prepared to comtinue.to struggle for ultimate victory. Whether that view is correct only time will show, but that considerable doubt should be felt about it is only natural when all that has happened during the past six months is taken into consideration. The most interesting items in both speeches are the pledges which are addressed to the Powers concerning the respect to Chinals sovereignty and territorial integrity and the legitimate rights and interests of third Powers in China. Prince Konoye is quite forthright in his method of expressing that pledge, but Mr. Hirota does not go quite so far! Japan, he said, was prepared for the purpose of promoting the welfare of the Chinese people to leave the door wide open to all Powers and to welcome their cultural and economic ce-operation, but "necessary and rational adjustments" designed to meet new conditions in China would have to be made. If the history of recent years is anything to go by, those necessary and rational adjustments are just the things which the foreig trader in this part of the world regards with such anxiety, He fears that if, and when, those adjustments are made they may still preserve the open door but make it so difficult of passage that it will to all intent and purposes be closed.
Mr. Hirota's statement on Japanese foreign relations is to a great extent highly satisfactory. He pays tribute to the calm and
Text read from the printed page and cleaned; old type leaves the occasional error.