1941-09-08 — Page 15

Monday,

HONGKONG TELEGRAPH

September 8, 1941.

By Ernie Bushmiller

NANCY

I SURE AM LUCKY TO

HAVE THIS LITTLE FAN ON A HOT

DAY LIKE THIS!

BUT I FEEL SO SORRY FOR

THE POOR ANIMALS

IN THIS AWFUL

HEAT!

KUB

TUB

(UB))

Economic War Came As U.S.

A Shock To Japanese

Can

PUBLIC OPINION

(UD)

UB

(UB (UB-U..

BUB

B (UB (UB)

ON THE WAR BEER

Readily Turn To Action

"United Press" Correspondent Virgil Pinkley, who has just completed a tour of 38 states in the United States, travelling 52,000 miles in four months, hereby reports on his observations regarding American public opinion with reference to the war.

By VIRGIL PINKLEY

(UB) 4B (3) KUB)

(UB) AB

Dark

Sole Agents:

W. R. LOXLEY & CO., (China) LTD.

TOKYO, July 26.—Within a few hours after President Roosevelt's order freezing Japanese assets and credits in the United States was announced, the Japanese Government retaliated by freezing the assets and credits of American and Philippine nationals and corporations within the Japanese Empire. The government was in consultation with the Manchu- kuoan and Nanking regimes to extend the freezing operation in their

NEW YORK, Aug. 31 (UP).-United States public s territories as well, writes Otto D. Tolischus in the “New York Times."

opinion about the war has undergone great changes dur- Therewith, in the view of tion with Japan and the long-stand-, hope that exceptions might be per-ing the past 15 months. Japanese official quarters, busi-ins friendly relation between Japan mitted. At least, it is pointed out,

and A momentous national debate continues about the ness circles and the press, have and French Indo-China, antedating the Anglo-Japanese commerce

pan's century-long self-isolation. navigation treaty remains effective policies which should be adopted to prepare for whatever begun an open economic

waft asserted, however, that new deve- for one year and the trade treaties the future brings, but there is one point on which a near between the United States and topments in Europe and East Asia with India and Burma for the British Empire on the one were threatening the security of months.

100 per cent. unity is apparent. It is to build up a de- hand and the Japanese Enipire French Indo-Ching, which in self-

At the same time, both official fence establishment at whatever cost. and the areas it controls on the could overlook.

defence neither Japan nor France

That is saying quarters and the press emphatically considerable when individual taxes have doubled or even other hand. It is expected to

assert that President Roosevelt's wither whatever. international

step can never affect Japan's policies, tripled. which remain "unchangeable, Imino- trade remains and in the words

vable and Immutable." In fact, they iden that the second world war is More people have discarded the of the ultranationalist Nichi

declare, such steps, can only streng just another far away conflict and Nichi is but "one step from

then Japan's determination to armed warfare.”

create an East Asiatic self-sufflelen-fully as something

jare studying its developments care

which directly cy sphere.

affects them. They still talk about

Inlo

The Japanese freezing order pro- the muddled world situation. vides in addition to the previous

On the eastern senboard and in foreign exchange control regulations the deep south, a much greater pro- that foreign nationals affected by the portion of people believe that the new order as well as persona denting war

would inevitably with must approval tradition-

the

involve the

the opinion that it Germany was victorious la Europe, the Nazis im- mediately would be in a position to carry on a tremendous price-cutting economie war based on barter ex- changes.

Some persons prophesy that should Britalo be beaten by the Nazis, the United States and Germany are cer tain to clash militarily in the future over Latin America or the Allanile

Negotiations Called Friendly For that reason, the announcemrat, continued, Japan opened up negotia- lons with Vichy, which, it said pro- gressed smoothly in a friendly al- mosphere and fed to the conclusion It was obvious that not only to on July 21 of a joint defence agree- the uninformed Japanese public but ment for Indo-China, the exnet even to otherwise well-informed; nature of which was not specified. business quarters Die various deve-| "Japan and France," the nnnounce lopments of the day came as a ment says, "thus have been ushered profound stock.

intimate relations with In point of fact there were indi- each other, with French Indo-China of the Finance Ministry for virtually United States than in the ruther States commitments to aid Eenland -swith action had surprised -even the Needless to say, it will greatly con- tronsactions, including the deners have been Anglophile ever since United States is now in the war in

cations int President Roosevelt's serving as their connecting 1ink. alt

China are So conclusive the quisition and disposal of movable the civil war. governmont, which, though it had tribute toward the stabilization of and immovable property, real rights,

every respect except the shooting. taken some precautionary measures co-existence and co-prosperity in credits, loan, deposit and trust fund On the Pacific coast, main atten-

It is interesting to note that the to meet the consequences of its move Greater East Asia.

securities, offset of credits and debts, tion is riveted on the Pacifle because former slogan "All ald to Britain on French Indo-China, had been "It scarcely needs reiteration that Buarantee and acceptance of debt, people there feel that Japanese am- short of war" hus given to the em- rather hopefully relying on former Foreign Minister Yosuke Matsuoka's the Japanese Government intends Consumer loans and deposito, and bitions are a distinct threat to the phasis on "Protection of the United

currency_exceeding 500 United States. However, tu

States aud good

the Americon con- taxes many past ussurances of America's passi- strictly to observe the various exist-Japanese

west coast businessmen tinents.i

and vity and on the influence of Ameri-ing agreements between Japan and ven monthly. Payments of

Isolationists Active French Indo- and salaries of Japanese employers industrialists express the belief that concerning can Isolationists. These latter havo China and to respect the territorial are exempted.

an Axis victory in Europe would

On the other, hand, the isolation- been commanding considerable at

bring on a vicious economic strugglests continue their running attack to tention in the Japanese prees.

for both Oriental and South Ameri- keep the United States out of war, con markets.

conducting a more vigorous cam- paign than a year ago.

1

· No Further Aggravation

At the nine time perhaps the most

notable feature of the situation is that, except for some alarming news-

paper statements, there is no desire Inny Jonnese quarters to aggra vale the situation any further, Business circles even express the hopa. that the American decrers may leave somo loopholes for a modicum; of trade on a cash basis.

Ito,

Franco

integrity and sovereignty of French Indo-China, and Japan will forth an increasing effort

tu

Promote

friendly relations between Japan and France, thereby realizing the com-

AIR LETTER CARD

Mr Allan Chapman, Assistant

mon prosperity of the two countries. Postmaster General, in reply to a

Germans Suspected

There really has been little eno- tional appeal to stir up the public.

In the eastern part of the United If the vast network of the press, ra-

Fil

In line with this announcement Driquestion, told the House of Commons States, many persons have expressed dio and cinema is ever brought into to repented the constant complaint recently that the P.M.G. would the belief that Germany has designs play to accomplish a specific change of all Japanese quarters, that "the shortly issue a light weight air on the American continent. They in public opinion-plus raliles In United States Government fails to letter card for use in writing to base this expression on the conquest cities,

towns and country school- undersland Japan's real Intentions." British prisoners of war. By this of the Low Countries and the Bal-houses- the national sentiment

means it would be possible to reduce kons, the entry into north Africa might be crystallleed-almost-over -No-Direct Charger-

and the attack on Russia. They add night in favour of seme specific line. of uetion. This has happened be-

Government quarters have been

United

In respect to its advance into careful to refrain from any direct French Indo-China, the government, charges against either the both in its offelni announcement and Sintes or Britain. The press, how- in a radio broadcast by Dr Nobufum! ever, asserts that French Indo-China president of the Information was threatened with the fate of Syria Board, who is sometimes referred because of British measures, and a to as the "Japanese Goebbels," has large de Gaullist element in Saigon emphasized that Japan was acting well as concentrations of Chung in "self-defence", and In

king troops on the north. perfect agreement with the Vichy govern- ment.

The official announcement stressed France's consistent friendly coopera

CHOICE

FOOD

COME ALONG TO THE PENINSULA

— FOR · TABLE D'HOTE MEALS

TIFFIN

$1.75 from 12 noon. DINNER ... $2.25 from 7.30 p.m.

CAFETERIA

#GRILLY

PENINSULA HOTEL

The Hongkong Shana

Limlied:

In the view of some seasoned ob- servers here the Japanese advance Into French Indo-Chine might in fact be more a flanking move to cut of the last communications of Generalissiino Chiang Kai-shek for the last big push" advocated by Major Gen. Shunroku Hala, Japan- ese Commander in Chief. in China, to "settle the Chinų incident,” whieli is st Japan's primary concern rather than another step in Japan's | southward advance.

But the government radio suggest- ed to-day That Britain night under- take the military oppression" of Thailand as a counter measure to the Japanese step. This suggestion holds ominous possibilities.

Effects of Order

more

As re rds the American and British freezing order, it is generally} admitted here that it is bound to have a crippling effect on Japan's trade, not only with the United States and the British Empire but also with South America. If will necessitate a drastic readjustment and cash payments, even within the "Greater East Asia Co-prosperity Sphere," where' balances stil! have been settled in New York in dollars. But Finance Minister Mosatsune Ogura, in a reassuring statement to the press, declared that Japan's American balances were smali” and that-Amerlean-Japanese trade. had been diminishing, so the effect of President Roosevelt's measure would be "comparatively alight.”.

The press, quoting Ananelal' quar- ters, insisted, in faef, that the United Stales was bound to lose more than Japan because American nsgoto in

Japan were large although most of them are already frozen through for eign exchange control. Moreover, Japanese

hese financial quarters assert that

Japan has already fortified her- self against such blow, by variou measures such as 'foreign "exchange 'contral: Jawa, concentration of dollar and, pound exchange in the Toko- hama Specle' Bank and the forward exchange contract system.

Hope for Exceptions. Nevertheless commercial circles are anxiously awaiting details of the American and British orders in: thể?

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HOME AGAIN-A French soldier weops with joy on his "arrival in unoccupied Franco. He was one of a largo num- ber of French prisoners freed by, the Germans recently. Meanwhile Nazi pressure on Vichy continues,

+++

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