Tokyo, Sept. 13.
Quotations on the Tokyo stock market, which had firmed up during jthe past week in expectation of a European War, sagged this morning with the reading of reports of Herr Hitler's speech.
"This is regarded in Japanese circles as leaving the way open for a peaceful settlement.
The morning papers did not carry the speech, owing to the lateness of its arrival, but it was given considerable prominence in the evening papers.
Weighing the advantages and disadvantages of war in Europe upon Japan's position in China, authoritutive Japanese quarters claim that they would prefer peace.
One of the main reasons for this preference appears to be a fear of a rupture of the Anti-Comintern Axis if Germany were defeated.
On the contrary, it is claimed that war in Europe would inevitably result in a stoppage of the flow of arms io China, enabling a speedier achievement. of Japan's objectly Simultaneously, Japanese circles profess no concern over China's ap-[peal to the League for sanctions, aking the view that there is no Chance of sanctions being adopted.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.