The Archive · 1938

JAPANESE SCEPTICAL OF VAN ZEELAND PLAN

World Conference Would Fail, Real Issues Untouched Tokyo, Jan. 29.

Japanese industrial and financial circles are pessimistic regarding the prospects in the report on the revival of world trade made by M. Paul van Zeeland, the former Belgian Premier.

It is pointed out that the report does not touch on the fundamental causes of international unrest and business depression, namely, the unequal distribution of the wealth of the world and the antagonism between the "haves" and the "have-nots" and only dwells length technical solution of the que:

and curreny, which are only side issues.

Financial and industrial circles here ere sceptical regarding the possibility of a world economic conference, Japan would attend though jit" is believed likely to share the fate of the London Conference, even if convoked.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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