The present emphasis in the Japanese press upon i indicates that Japan wants further privileges for exploitation and trading there. Some of the same products which come from the East Indies are available in Thailand and expansion in the latter country would be at less risk of war than would be the case in the Indies "The Japanese already have formed companies which are operating in Thailand and plenty of Japanese capital would be available if the operations were increased. Japan would be treading on British interests there but would hope to avoid a frontal clash,
Text read from the printed page and cleaned; old type leaves the occasional error.