The Archive · 1939

Trade Prospects

Know if Penalties are to be Enforced New York, (Air Mail). que tes "plain speaking" of United States Ambassador Joseph C. Grew in Tokyo has not shed any light for American importers and shipping men on the prospects of American-Japanese trade less three months hence when treaty relations established in 1911 lapse as a/result of American denunciation, In shipping and business circles, a press ccording to sources, there is a growing desire to have the government state know whether penalties against Japanese trade and shipping are in view, Such a statement, it was held, would enable American' business men concerned with the Japan trade, to gauge their affairs into next year. In present conditions, it is stated, this is impossible to do, Journal's Comments A recent editorial in point was published by the Journal of Comin part:

Farmers were set a big task at the beginning of September. Another 1,500,000 acres is to come under the plough, more cereals and potatoes are to be grown, and the existing head of livestock is to be maintained with less recourse to imported feeding-stuffs. fainties as the result of the denunciation of the commercial treaty of 1911 with Japan, effective January 25 next, Because of the possible punitive measures that could be imposed by the President under section 338 of the Tariff Law, the dutiable status of Japanese imports into this country after that date cannot now be ascertained, and business men are not able to plan their operations ahead,

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

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