However, it is believed that, that Japan is able to take this firm stand, and that Chinn must toe the line. Japar: wants perfect unity and ea-operation between her-
{to effect this for the pease of self and China and' determined Far East, for her oven national great-for the welfare of the entire Orient and for the greater glory of the Yellow race. This is the Policy underlying "Japan's recent actions und this policy she is determined to realize, regardless of the cost. "hina can facilitate, the conversion of thes desires into id. actualities by. wholeheartedly joining, hands with Japan, but, Whether she does or not, Japan does not intend to be swerved ohe of, or tittle from her goal As regards financial pressure on Japan, it is. fitted that her ancial situation is very. grave, But,
of her monetary. stability. witha iis argued, that is any a lat the existing capitalist system of duction. "On the other hand, it is pointed out, never were Japan's productive capacity, mechanical equipment, labour efficiency and technical knowledge greater tham now. Japan is ready to scrap her financial system in toto, if it should be a hindrance to the realization her motional policies. How, thea, it is_asked, can financial pressure or financial' restraints affect one who is prepared to throw the exist-commercial and financial. pressure j stem overboard? will undoubtedly be exercised upon Japan, that trade and navigation feed Japan, itis further argued, Manehakwo and ores cancanty treaties between her and the prin-so that Japan's position in the cipal Powers would be abrogated event of an economic blockade is and high customs duties or some not the same as that of, other device be adopted to keep Bi only. raw out Japanese goods. It is contend-to-day—now that ed that, then, the Japanese will Manchukuo being directed by simply retaliate in kind, so. that, rokyo—is cotton and wool, but of as the argument runs' here, both these she muficiént supe Japan suffers, so would others, It to last her for the next two is also maintained that economic pressure will never succeed in, "foreseeing grave inter: happenings," the Govern. bringing Japan to her knees. The ment encouraged the purchase of two countries that can exercise the lange stocks of these two commodi-greatest economic pressure ties, If anything, it is insisted Japan in so far as the exchange here, economic, pressure in Japan, is is concerned, it is pointed other than a thorough and rigour: out here, are the United States and ous naval blockade, would have no Japan's raw silk and the clatter'
Indiathe former buying most marked effect on her. Such would unity tend to make Japan more being, par excellence, the best suflelent by encouraging industries market—now that the Ohina market. that had hitherto been content with has been irretrievably lost—for the getting the bulk of their producte cheap and shoddy cotton and other from abroad, while it would. also inferior that have been dump-Vitalize and "bring all the quicker ed into India from thee factories of, Tokyo and Osaka, into being the move already with the country to form an. cconomig If these countries decide to take bloc between Japan and Manchukeuo more Japanese goods, Japan, it in guch a manner as to perfect a is said, will retaliate by not pul tion thorough and rigorous self-sustaining economic organiza chasing American cotton and Indian ig-iron and cotton. All three will naval blockade, it is admitted, will suffer to an equal extent, it is, contended, so that Jay do Japan terrible, even irreparable, injury, but such is ruled out of not be the loser. If Chi the others and re-intensifies th: calculations here on the ground that this would mean wat—and the boycott by official measures, Japan world does not want wat will mot deal with her merely by similar retaliatory measures, " but} A new society has been "organised will resort to reps "of which in Tokyo with the investigation of the Chinese have geod caus: to be Manchurian affairs the est ofraid"—which, in pain language, teems to be th" provoking of "in: to mis. cidents" and fortier "Shanghai affairs." "China," the papers tay, "must realize that Japan. will not tolerate any nonsense? from her, is called the "Manshu Taisaku' Do: shokai," and comprises some hundred Piet members of all political "paries,
Text read from the printed page and cleaned; old type leaves the occasional error.