The "Financial News," however, learns that the Government has no intention of imposing a general embargo on Japanese exports to Great Britain.
Part of the difficulty in the way of trade retaliation, Reuter learns, is the objections of vested interests' in the Dominions, which are doing business with Japan in metals and cotton wool.
Washington is understood to be similarly hampered by oil, cotton, scrap and machine tool interests.
On the contrary, there is no doubt that the attitude of the British Government is hardening and the opinion is gaining ground that there is nothing to be gained by diplomatic protests.
Nothing legally prevents Great Britain from lending help to Chin:
Regarding direct defence of British interests in the Far East, however, there is ground for believing that the Government may send to Japan a comprehensive Note, comparable to that of the United States on December 31, as a final effort to obtain redress for British complaints, before trying sterner measures.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.