MONOPOLY PLAN.

Ashburton Guardian, Volume 55, Issue 14, 27 October 1934, Page 5

MONOPOLY PLAN.

TRADE OF MANCHUKUO. PROTESTS BY THE POWERS. (United Press Association—Copyright).: (Received' This Day, 11.35 a.m.) LONDON, October 26V, Representations to- the Japanese Government with regard to the proposal io establish in Manchukuo a trade monopoly, largely financed by Japanese capital, have been made by the British Ambassador at Tokio. The British Consul has made representations on the same subject jx> the Man>. churian Foreign Office. It is -understood ! that the representatives of tho United States- have taken similar action. ' According to newspaper reports the foreign interests affected regard the proposals as iiotj in accord with Article 111. of the Nine-Power Treaty. By Article 111. tile Powers agree, "not to seek or support any arrangement which might establish in their favour any general . superiority of rights with regard to commercial or economic development in any designated region of China,' and, secondly, "any such monopoly as would depi'ivo any other Power of the. right of /andertaking any trade or industry : '• in.' China or of participation with the Chinese Government or with any local authority in any public enterprises, or which is calculated to frustrate the. practical application of the principle 'of equal opportunity."—British Official Wireless. .. "- '"'. ;■•„ ' .-'• ■.;':