Tokyo, Nov. 22.
Japan will not be ready to extend long-term credit or any loans to Soviet Russia despite the latter's request for such favours, it is now intimated in reliable' circles here.
In addition to dumping wheat in Canada and the United States, the Russian Government is said to have approached Japanese financial circles for a huge amount of long term credit ins order to utilize it for its five-year industrialization plan, The request of the Russian Government was given serious consideration at a joint conference of influential bankers and business- hi men are directly interested in the Russian trade, and: Government Te-Presontatives, held prior to the de-Parture of Mr. Hirota, Japanese Ambassador to Moscow, to his rew Post, The frank exchange of views fat the conference resulted in the decision not to grant any long-term. [credit or loans to Russia just now, it is stated—Rengo.
Text read from the printed page and cleaned; old type leaves the occasional error.