Tokyo, June 17, a press conference of foreign correspondents today the first. since hhis appointment, the Minister for Foreign Affairs, Gen, Kazushige "We have had special relations with Great Britain of traditional friend ship, T will do my best to restore them and make them even closer than in the past,"
'A. value hint that a discussion of peace terms between China and Japan was within the realm of eventual possibility was given by General Ugaki, He emphasized that Japan had never given a though, (o terms and that there had Leon "no change in the situation since the Japanese Gov-Jernment's declaration of January 16, The New President Tokyo, June 19.
Mr, Shinji Yoshino, former Minister of Commerce and Industry who Fesigned in favour of Mr. Scihin Ikeda on May 26 in the reorganization of the Konoye Cabinet, today was reliably reported to have been select president of the ¥.350,000,000 semi-official North China Development Company.
Mr, Yoshino's appointment would pave the way for an carly inauguration of the mammoth concern, Mr.
Kenji Kodama, former president of the Yokohama Specie Bank, was recently named president of the ¥.100.- (000,000 Central China Rehabilitation Company.
Preparations for the organization of the two concerns are progressing satisfactorily and they are expected, to be established simultaneously at the end of August or carly in September, Domei was informed.
Contracts, budgets for operatin the (we firms and other matters have" been arranged by the organizing committee, headed by Baron Seinosuke Goh.
Formal applications for organizing the companies will be tendered by Baron Goh after a decision is reached, on the amount. of capital to be invested by the Government.
'A. ¥.35,000,000 North China Tele~ graph and Telephone Company will bbe organized in the near future without waiting for the establishment of the tio development firms—Domei Japan May: "Reconsider' added significantly, however that "if there does happen to be any fundamental change in. the situation then the Japanese Government might reconsider its altitude,"
The Foreign Minister refused to snyest the possible nature of a fundamental. change,"
Asked whether the Japanese Gov= ernment would consider mediation by a third Power, General Ugaki said that the nature of the motive for stich mediation would first have to be made clear, gave assurances thatthe [Japanese were not contemplating any faction in Hainan, The Foreign Minister stated that there seemed {0 be some causes for friction between Japan and Great Britain, especially in the Yangtze, "We specially sent oMleials there to endeavour to come to an agreement fon the spot," he declared,
Text read from the printed page and cleaned; old type leaves the occasional error.