The significance of the American defense programme in the Pacific is explained in an illustrated article which is of timely interest due to the forthcoming manceuvres.
Two other articles in this issue will also arouse wide interest: "Japan's Moves Toward South America," by John Ahlers, Recently there has been considerable talk about a Japanese drive in Latin America—as an offset to a possible American embargo on war materials. The subject should be of special interest in Shanghai. The other article deals with the Anti-Chinese Campaign in Thai (Siam) and was written by C. C. Chang, who investigated the situation at first hand, Other articles include, "The Nomination of N. F. Allman for the Council," "Wind Up of the Young Case in Tokyo," "French Cabinet Crisis," "Chungkings Move to Counteract Japan's Control of Industries," and numerous summaries of news developments
Text read from the printed page and cleaned; old type leaves the occasional error.