Naturally while there has been an improvement in the Japanese Jattitude, this has been in compari ison to the situation which existed, few months ago. Even to-day, most Japanese profess not to under~ stand the British contentions and not all of the nation's leaders share the Iberal, enlightened views of Baron Seinosuke Goh, chairman of the Japan Chamber of Commerce jand Industry and President of the Economic Federation of Japan Jwho recently addressed a friendly) message to the British public, Baron Goh fan export exceas;+her chief cor cern lies in the balancing of ternational payments. Therefore, she is not in the least averse the nation of trade control in the Interests of peace and the common welfare of nations." In view of the: fact that this message was addressed to the British public, may be inferred that in declaring} japan "is not in the least! averse to the notion of trade control," Baron Goh implied a ingness on Japan's part to her exports to Great Britain of her own volition.
This opinion may be said to represent the views of the intelligent classes of Japanese who <arnestly desire that an amicable ajfceement may be reached upon a code of fair competition in trade and who prefer a policy of "live and let live" to engaging in " mutually} destructive competitive war. message of this sort, -frce from overstatement ang friendly in {one hareowery in worth a deli are commonly regarded here as ingeniously twisted argumente thal
Convincing but which actually Serve no. purpose but. to ferrate After showing how the Britsh Empire has had a favourable balance in her trade with Japan from 1873 until last year with the ex-lection of the War years, Baron Goh declares that it ig natural that the vigour shown by Japan's export trade to-day in contrast to the general decline of world commerce should attract the attention all countries. "But," he adds, is rash to predict the future from the events of these one of two years past. I fully expect that when world economy is once stabil lized and trade revised between all nations, nothing more will be said about invasions of Japanese goods."
Another favourable pointer is a report from Java that Japanese! ines on East Indian routes had, ted decided to increase all freight ratee by 25 per cent. commencing thie month, the increase being rendered necessary by the reduction by the Sapanes® government in their ship-
Text read from the printed page and cleaned; old type leaves the occasional error.