Subsequent developments are uncertain, The official text of the Japanese Note is still awaited.
When all means of conciliation are exhausted, the Conference will be confronted with a difficulty which has been in the background since the beginning, namely, how to deal with a deadlock. The answer, it is felt here. will have to come from Washington.
Japan's reply is regarded in Brussels as politely slamming the door on the possibility of further negotiations.—Reuter.
Japan S: Anxious for Peace London, Nov. 12.
Speculation in political and business circles in London has been keenly aroused on the outcome of the Japanese successes at Shanghai and North China, A conspicuous rise un Far Eastern loans, which are steady, reflects the City's hopes that peace is not far distant.
It is everywhere believed that Japan, including her militarists, are anxious to make peace. It is also considered possible that those favour of peace in Nanking may be stimulated to new efforts by the loss of Shanghai. Likewise it is believed (Continued pao 8)
Text read from the printed page and cleaned; old type leaves the occasional error.