1940-10-10 — Page 2

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THE CHINA MAIL) OCTOBER 10, 1940.

THE COUNSEL OF PRUDENCE

Japan's Plight If She Jockeys Herself Into War

NAZI LOOT

SEIZED AT BERMUDA

Five hundred French paintings and drow ings worth several hundred. thousand pounds sterling, despatched from Lis- bon to the United: States by a man sus- pected of being German. agent, have been seized by the British authorities at Bermuda, according to a report received in London from New York.

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The paintings and drawings have been detained as enemy ex- ports and include works of Renoir, Cezanne, Gauguin, Degas, Monet, Manet and Picasso.-Reuter.

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COURT

0004

Powerful Anglo-American Weapons

AN ALMOST DESPERATE ECONOMIC SITUATION IS THOUGHT LIKELY IN LONDON AUTHORITATive circles TO CONFRONT JAPAN IF SHE IS SO UNFOR- TUNATE AS TO FIND HERSELF FORCED INTO WAR AGAINST THE DEMOCRACIES.

·Inconvenient as the various United States measures hitherto directed at Japan's economy may have been, they would be tri- fling compared to the full-blooded economic war which both Britain and the United States would be in a position to wage if necessary.

IF JAPAN INSISTS

The British people in Singapore, and in the Far East in general, welcome the news that the Burma Road is to be opened next week. The opening of the road has the approval of the Governments.

CIRCULAR Road is to be opened next SOCIETY

NO MORE Canada and Australia.

to

Japan is notoriously short of foreign exchange while the maintenance of her existing stock position is realised to be entirely dependent upon her ability maintain her export trade to var- ious centres at present friendlily disposed towards her and which in the event of war with, such centres would certainly become closed to her.

The question is asked, what would happen to the important Japanese slik export trade if the United States and other mari *kets were unavállable, while the equally. Important Japanese cotton piece-goods trade is known to depend largely on the

goodwill of the British Empire market and the willingness of India and the United States to bend Japan shipments of cotton.

*

Doubly Vulnerable

United States

controlled

Commenting on. the news, the" The outbreak of war would cer- Mr. Ernest Bevin, Singapore paper "Straits Times" tainly make it impossible for Ja- Minister of Labour, and said yesterday that although the pan to acquire copper from Can- the British Trade Unions possibility of war with Japan. must ada or be faced clearly, Japan does" "not" mines." leader, met with a great want war. reception yesterday when he addressed the annual congress of Unions.

The British Labour Movement, he said, at the blackest moment in history came forward and helped by voluntarily foregoing its stand- ing trade rights.

Labour claims a share in the working out of the destiny of the nation, and in the new methods for the future.

Steps are being taken, he went gon, to see that the diplomatic ser- vice moves in this new eviron- ment and that the limited Court; Circular society is gone for good. In the future, there must be more freedom in the hitherto ex- clusive Government service..

If a secondary school boy can save the country in a Spitfire, the same boy can be trained to pro duce the new world.

Reuter.

PRECAUTIONARY MEASURES

Well-informed quarters in'

All she wants is to get out of her present position in the war. with China.

"If Japan insists on war, it must be war and the end of all Japan- ese ambitions in the Far East," the paper continues.

The paper suggests an embargo on all rubber, tin and iron ore shipments from Malaya to Japan, similar to that in Canada can- telling all permits for shipments to countries outside the British Empire and the United States.

Reuter.

BRITISH LEGATION CABLES MISSING

Japan's position is thus vul nerable from both the importing and exporting angles.

In any case the fact that since the outbreak of war no shipments of nickel, cobalt or tungsten have reached Japan from British sources is viewed in authoritative British circles as a possible indi- cation of how Japan might fare in the event of an extension of such procedure.

I

At the same time it can be staf- ed that no ferro-alloys or other

M.C. AT THE PALACE. Captain H. Marcus Ervine-An- drews (East Lancs. Regt.) who was awarded the V.C. for,,his gallantry near Dunkirk, at the Palace with his wife for the in¬ vestiture. (Copyright, · Fox.)`

CHINESE MINISTER ON FAR EAST

CRISIS

(SPECIAL TO “CHINA MAIL")

HA MAIL")

"A WAR BETWEEN the United States such commodities needed in the and Japan would result in the crushing of

British war effort have reached Japan for a long time.

Japan and the liberation of China,” Mr. Dong Wen-hoo, Chinese Minister of Economics, from India are continuing at the fold Havas in Chungking yesterday.

Japanese imports

of iron

ore

present time and their essential nature to Japan's war economy is fully appreciated.

Almost Inconceivable

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Japan, however, is receiving

about half her normal jute im- ports from India,

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The US$25,000,000 American loan to China would alad have a salutary effect on the Chinese economy as the Chinese could

Mr. Oong added: "My personal opinion is that the present situation calls for an im- provement in Russo-American relations. ·A· hostile Russia would force Japan to maintain a large body of troops in Manchuria.“ Considering all the circum Referring to the economic si-1 The Rumanian Govern- stances, it is thought in authorita- tumlari, Mr. Dong declared the Pelping consider that the United merit's reply to the Bri-tive British circles to be almost main problem confronting the States decision to ask American tish demarche about the citizens in the Far East, especially women and children, to consider arrival of German troops the advisability of returning is indefinite to the point home, to be nothing. more than

precautionary measure similar of evasiveness. To the British evacuation of wo- Rumania Has assured Britain

nen from Hong Kong.

that no German troops are in the A confidential United States country. If this assurance can be Embassy circular is understood to relied upon beyond doubt, there is inform that the U.S. Government no immediate risk of any rupture

s adopting the ∙same, attitude in Anglo-Rumanian relations. egarding the withdrawal of Its . But the whole matter is still Regarding from. Ching as has been very largely open to question,

dopted in the case of disturbed Countries in Europe.-Router.

CAMBRIDGESHIRE AND ST. LEGER

conceivable that Japan realis- Chinese Government to-day was ing the situation in which she the grevention of rising prices would inevitably and herself if despite the fact that only a small Emper Whe Win the British group of people those receiving or the United States. Axed salaries are suffering from could be so ill-advised to take present conditions. such a step.-Reuter.

MR. CHURCHILL'S FRANKNESS

Closure of the Indo-China and Burma routes had résulted in higher transport couth and In- directly boosted commodity prices.

Hoarding and profiteering still. Twelve telegrams sont recently The American press yesterday existed despite the Government's efforts to eliminate by the British Legation some praised Mr. Winston Churchill for strenuous

his frankness in his statement. such practices, in code, some in plain language -have not yet arrived at their des- As the "New York Times" put tinations, it is reliably learned. it, he "refused to treat the people It is also significant that the like children and they are rês- former headquarters of the Ru-ponding gallantly."

The papers comment favourably

Loan To-China Re-opening of the Burma high- way would go far towards lower- the, while still sterner repression

profiteering would also contribute Fo keep up norinal prices.

ot

It is hoped to run the Cam-] manian Palace Bodyguard is now bridgeshire at a special race meot-being prepared as headquarters on his determination to tell the ing, the price of consumer goods Sing dt Nottingham on November for German troops who are to people the truth regarding

position and the prospects, The fate of the St. Leger sub- "üstruct" the Rumanian Army. ----

Reuter." stitute is doubtful-Reuter.

Reuter."

|

-use it for stabilising thỡ, 'na-

tional currency: Another major problem, he said, was industrialisation, which he admitted was seriously ham......... pared by Japanese lair'sraids. He added, however, that the produc tion of industries removed' 'from the occupied zones would average $300,000,000 this year. Havas.

COBRA ENTERING THE AIR WAR

ONE OF THE LATEST TYPES OF AMERICAN FIGHTER AIRCOBRA 'PLANES — THE

18 NOW: READY FOR DE- LIVERY TO BRITAIN,

It has a spood of 400; milles on hour and carries one canition and four machine-guns, Router