The latest despatches from Tokyo suggest that "the Japanese press is becoming excited Jover the delay in the settlement of the Russo [Sapanese fisheries dispute. That is quite com= prehensible in. view of the fact that the date for the auction of the Asheries is. drawing apace, and that up to, the Present the Soviet [Government is stilt adhering to its decision to secure from Japan: a settlement of all outstanding problems, instead of coaling with them piecemeal as Japan would prefer. The Japan-Jose Press is suggesting that, should the Kremlin remain adamant, the Japanese Government sould "consider. the leeuance of a. statement that it tins no alternative but to undertake free Mshing in order to maintain te treaty rights That would mean that the Japanese fishing eet would operate under the protection of Japanese resorted to the danger of a Russo-Japanese war would become very grave, in addition to which would impose an additional burden "upon Japan with which she would be illeftted to jeope. On the face of it Japan would be well advised to meet the Russian'point of view with some concession. At least the money due on the purchase of Russian rights in the former (Chinese Eastern Railway could be paid, if only '95 a proof of Japanese honesty in the matter, It is, of course, unlikely that Japan would scale {fo reach any compromise on the subject of the umber of troops {o be maintained in Marchotkuo, for that is covered by a section of the Treaty which it is claimed is no longer effective because of the changed conditions. Russia Jseems to be adopting the same altitude with regard to the article concerning the fisheries, probably on the theory that what is good for {the Japanese goose, is equally suitable for the Soviet gander.
Text read from the printed page and cleaned; old type leaves the occasional error.