"It is far from Japan's thought to aim at excluding European and American economic activities from East Asia.
"However, it is most natural and proper that two neighbour nations closely bound together by links of race and culture (Japan, poor in nature] resources and without large domestic markets, and China, still economically weak) should work together in order to insure their independence as regards vital supplies as well as their markets time of emergency.
"Within those limits it is to be admitted that the economic activities of countries which lie outside the limits of East Asia would have to be regulated.
(Continued on page 9)
Text read from the printed page and cleaned; old type leaves the occasional error.