Administration elreles emphasized strongly that the repeated American protests contostine the right of Manchoukuo 40 establish such a monopoly rest upon a much broader base than merely the American interest. in all sales in the Orient.
'The United States feel, it was in-Aicated. that a vital principle is Involved which may exert a profound effect unau relations in the Pacific, Manchoukuo is permitted lestablisti an oil monopoly, it is felt, similar monopolies may' later be established with regard to other products and this policy may ultimately carried to such Jengths that there may be no free trade left in Man-
Text read from the printed page and cleaned; old type leaves the occasional error.