"On the other hand, in December: the American Government took steps internally in order to accord Japanese ships and goods, after the lapse of the treaty, the same treatment 3s before they further declared their intention to make no change in treatment of Japanese subjects residing in or onering the United States as so-called treaty merchants, Thus despite the {reatyless situation Japanese-Ameri-Jean trade relations have in practice undergone no change.
"although the policy of the Japanese Government in the present China Affair is not to eliminate legitimate Fights and interests of the United States and other third Powers, but fon the contrary to invite their se tive participation in the construction of a new order in East Asia, it is Inevitable that trade and other economic activities of third Power! Should be affected at times by mill~ tary operations which are being conducted on so vast a scale. In these tcireumstances our Government have Fesorted to all possible means to protect the rights and interests of third Powers, while our military forces have frequently endured even strategic disadvantages on that ac~ count, "Moreover we are making it a point to give due considerations to. damages suffered by third Power' nationals in consequence of our military operations. 1 firmly believe that, with the establishment and development of a new order, America will come to learn the absence of desire on our part for either exclu sion or monopoly in both economic and commercial fields.
Treatyless Position Undesirable treatyless situation which deprives trade of stability or makes: relations in general dificult is not. desirable for either Japan or America. We propose, to exert further efforts the confident hope that Japonese-American relations will de rastered {to a normal status, that is to say, on 1 treaty basis. with regard to South seas tions, the Japanese are desirous maintaining with them 9 relationship Jor ce-existence and ce-prosperity. through economic operation ant collaboration in development—of al resources. We intend to put forth every effort along this line towards enhancing the existing close relations between Japan and must do her almost for promotion of her export trade and assurance of supply of necessary, goods. Various organs concerned with trade are doing everything in their power to realize these purposes by maintaining close ce-oFdl Economic ce-operation with all lather countries is being expedited by obstacles of trade, deve-
Toping new markets, strengthening Jeconomie ce-operation between Japan, Manchoukuo and China, concluding trade agreements on principles of reciprocity and compensation, and in various other ways. There are many countries with which we are con neting trade negotiations. The United States of America and the Soviet Union I have already mentioned, but included among them are France, Italy, India and various cou tries of Cental and South, Amer—Domei.
Text read from the printed page and cleaned; old type leaves the occasional error.