At present there is complete calm in the city. People in the streets seem dazed by the news, although they had lived in hourly expectation of it for the last two weeks. Shortly after the announcement in Parliament, Government pamphlets were circulated In the streets announcing Riza Khan's abdication and giving the text of the abdication deed, which stated: "Because I spent all my energy for the good of the country during these last years it is necessary that younger men who can do more for the country shall take my place. I, therefore, recommend that the Crown Prince shall succeed me. From the 25 Shahrivar (Iran uses the calendar dating from Mohammed's flight from Mecca), the Iranian nation and arm must obey the new Shah, recognizing him as the re: and must give him the loy m. ly as they gave me."
Later, the Government announced that "the Shah left Teheran this morning. The Government is in touch with the British and Russian Governments in order to preserve, as far as possible, the normal life of the country and maintain the same friendly relations with the two governments.
There will soon be no more difficulties,"
The swearing in of the Crown Prince as the new Shah will take place at 430 p.m. on Wednesday in Parliament, when members of the Cabinet, members of Parliament, senior officials, senior army and navy and air force officers, senior judges. religious leaders and university professors will be present The paper predicted, however, that world markets will be closed regardless of the outcome of the war, since rope will want to produce for i while "in the Far East Japa its manufacturing a All this will on the outcome of the war, torial asserted, emphasizing "cor ntly the outcome of tha war is e consequence to the United side from political issues.
"On the economic side alone, America wants to be with the winners, and that probably is behind President Roosevelt when he moves closer to intervention," the paper said.
Under the capitalistic system, the United States will be forced to seek wide markets, and "for these markets, America may fight," the "Times predicted.
The only alternative would be a plete reorganization away from capitalism and the status quo to the principle of cooperation as advocated by Japan." the "Times" concluded.—Domei.
Text read from the printed page and cleaned; old type leaves the occasional error.