Consultations in Progress with U.S. and Holland London, Nov. 9.
The Foreign Office, in conjunction with the Board of Trade, is consid ing the next step to be tairen by Great Britain in connection with Japan's new petroleum law.
The Japanese reply to Great Britain's representations on the sub-Jeet has been communicated to. the Various British all companies, who stand to suffer serious loss unless the Jaw is amended.
The Japanese Government's answer to Great Britain was delivered at the Foreign Office here a few days ago, but so far the text has not been made Public, although it is known that Japan's attitude is not considered Consultations on the subject between, Great Britain, the Netherlands and the United States are now in progress, mainly through diplomatic channels progress, mainly through diplomatic channels in Tokyo, Under the new Japanese petroleum law, the Japanese Government 1s empowered to regulate the sale price oil, surplus stocks of which must bbe Kept by foreign all companies for the use of the authorities in case of emergency.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.