"We also have the power to deter-Mine when any nation's conduct shall miit our establishing relations with Hy contended that in the past Japa, has interpreted the treaty of 1911 +o suit her own convenience and if complete abrogation of our rights Wder the agreement."
"We fo not have any more assurances, said, "that the Japanese Governmt is more likely to keep its agreeñents after a new treaty is signed fh& she did under the old treaty."
Meanwhik the Department of Commerce @ANO%nced that the comme: cial attache in Tokyo had reported that sentiment, ju Japanese business and financial roles continues apprehensive regarding international developments, skipping difficulties in the European war areas, and inten-sifed state ciro] over Japanese economic nes. Consequently, the report said, japanese stock market prices were moving downward in the week ending December 22.
The decision o keep President Grants Proclamaion in operation was not consider here as an important concession to Japan in itself because there st] remain many avenues for the imposition of econ-amic penalties gsf Japan.
Text read from the printed page and cleaned; old type leaves the occasional error.