London, Jan. 11.
"Japan is toying more and more ostentatiously with the idea of peace," says "The Times" in a leader to-day summing up the six months of war in the Far East.
Japan's position in the world, "The Times" declares, has been radically altered. Her arms have been victorious, but her fighters have frequently resorted to methods which have excited the odium of the world. She has wob nominal control over vast territories, but the "autonomous" regimes she has established in those areas are mere Effigies. The areas are temporarily bankrupt, and the troops garrison-fig them are continuously engaged guerilla warfare.
Incidents such as the attack on Sir Hughe KnatchbullHugessen and the sinking of the American gunboat Panay, the journal continues, show that the Japanese crusaders are bent on the extrusion of the white Powers No disclosures of specific steps to be taken by Japan in achieving her previously announced objective of overcoming anti-Japanisr were made by government officials.
A formal statement of policy was expected to be issued by the government to-morrow.—Domei.
Text read from the printed page and cleaned; old type leaves the occasional error.