The Archive · 1940

American Loan Possibility Replaces Brnbarzo

Washington, Feb. 11.

the action of the Senate Foreign Relations Committee facilitating a new US $20,000,000 Joan to Chi apparently" diminished Conyressi pressure for an embargo. against Japan, informed Congressional sources revealed yesterday, Senator Hiram Johnson, California "Republic said the embargo situation an "impenetrable mystery."—United Press.

China ay Investment Field Tokyo, Feb. 11.

American pressure been Drought to a point where the Japan exe Government must review and revise ils attitude toward the United States, Mr. Yoshiharu Yutani, 0 Sikyo" Kudosbikal Party member, told the Budget Committee of the Mouse of Representatives yesterday.

American press tire has intensified through the action of the Senate Foreign Relations Committee making it possible for China secure. a U.8$20,000,000 oan said. He recalled that the Premier, Admiral Mitsumasa Yonai, told the Diet recently that if the United States persists in bringing pressure fo bear Japan would be prepared 10 meet the situation. The situation to which the Premier referred has now arisen with the assurance that China will receive a new loan, Mr. Yutant declared.

Mr, Yutani pointed out that the Uautea Stars imported US$10 000,000 00 in gold last year and American businessmen ure" now turning to China for new investments instead of to South America.

Answering Mr. Yutoni, the Foreign Minister, Mr, Hachiro Arita, said that Japan has not been ofcially notified of the intention of the United States to make a loan to China. He said Designs on South Seas Denied Tokyo, Feb. 10.

Japan was willing to sign a nonaggression pact with the Netherlands, Mr. Hachiro Arita, Japanese Foreign Minister, told the budget committee of the House of Representatives yesterday.

'The Japanese Government, he declared, had no objection to' concluding such a pact, covering the Netherlands East Indies, if the Netherlands wanted such a treaty.

The Foreign Minister gave details of Japan's "policies towards South Sea countries in answer to questions ut by Mr. Sholchi Miyako, a leading member of the Social Mass Party.

The Social Mass Party leader during s questioning emphasized that the "Government" encourage the development of natural resources and the promotion of trade. in India, the Netherlands East Indies. and" the Philippines.

He also. suggested that a nonaggression pact be concluded in order to show that Japan had no territorial design on those southern regions.

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

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