The Archive · 1938

War Office Opinions

A. spokesman of the War OMice pointed out in a statement today that it was necessary completely to invoke' the National - Mobilization Act so that the entire nation could share equally in the sacrifices being made over the China hostilities"

'The vation must be placed on an emergency. footing, he said, "A. further expansion in the productive capacity of industries was necessary, he stated and deprecated operation' of industries on a purely profit-making basis. No" ban on profits making or needless control of Industries will be enforced, he added.

'A selling wave swept over the stock' market today' as a result of the impression that Article XI of the Act will be invoked eventually. From ¥1 to YI0" losses were The "Nicht Nichi" casalls the United States, for its polley of "con unit to uphold this fossilized pact utter disregard of the changes that {vs actually occurred in the situa yaapen's reply to the American Predicts, witt be on the tines inthe, Speech "made by the Prime Minister, Prince Konoye, on Novem-2er from which it quotes the fol-Ming passage 2 does not reject ce-operation {in the Powers, nor does she intend tug "ure their' just end fair rights Tanaitetess. "It the Powers. under-'Sand the real intentions of the Em-jeu dd adopt policies suited to the htvation in East Asta, Japan will are any effort for ¢o-operation with them for the 2 the om, the sake of the peace

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

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