Tokyo, Mar. 10. to the fullest extent, Japan should be able to hold her own developing the resources of Manchoukuo and occupied China in the event of an all-out economic war-with the United States.
This is the opinion of Dr. Kennosuke Kinbara, professor of economy at Hosei University, writing in the university's organ, the "Hosei Daigaku Shimbun."
He admits that Japan has ox} a tremendous amount of material because of the China war, but at the same time states tat she has galficd access to valuable new material re-
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In the event of 9 conflict between Japan and the United States, the Professor declares, it would be extremely dim cult for their armed forces to come {0 grips in a military sense, wherefore it Is probable that strategy. on: both. sides would directed towards economic paralysis.
Dr. Kinbara continues: "Economic wars' are fought in two ways negative and positive, A positive economic war is one aimed at impairing the economic strength of the enemy. Negative economic warfare is characterized by the imposition and enforcement "of drastic warlime economic policies
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