The Archive · 1939

Japan May Give "Warning"

NEWS FROM JAPAN (continued) — Counter-Move to British Credits for China Now Sought; Gaimusho Critic Gives Views

Tokyo, Mar.

MEETING of Foreign Office officials held here yesterday decided that there was need to "serve a warning upon Great. Britain," according to the "Asahi Shimbun.

The journal states: that, following an explanation of the new British credits to China, made by Sir Robert Craigie, the British Ambassador in Tokyo, to Mr. Hachiro Arita, the Foreign Minister, Foreign Office officials met to discuss counter-measures, It was also decided, the journal states, carefully to study winter-action on the part of Japan.

'Britain may be said, the journal declares, have joined in Chinese economic guerilla warfare'," by seeking the maintenance of Chinese legal tender. Japan, it ig stated, does not necessarily lack counter-measures—for example, "the inevitable settlement of the Yangtze navigation problem should be postponed." In apparently inspired criticisms, the Japanese Press in general strongly criticizes the new currency loan, The "Hochi Shimbun" also states that the Cabinet held an. emergency session in. the Diet Building "on Thursday, when they are stated to have discussed the Government's aly tude towards the new credit The Journal understands that the Cabinet came to the conclusion that Japan should make a "strong protest against this unfriendly action," and algo that it should take positive "Should Britain decide to Go so she would find we firmly believe, the transfer from old to new our rency not dificult at all, British Mfotives Queried "What Is most. important is the! motive of the British Government in Tis effort to" stabilize the. so-called national currency of the Chiang re-

Counter-measures against the new 6

'Anglo-Chinese Agreement, Britain continues in such friendly "acts," the journal states, Japan should "resort to some retalla-Tory action with regard to British rights and "interests in China,'

"The declared policy, of the Bri-lush Government toward East Asia is. based on trying, by all means, recover the status quo ante. The Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

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