AMERICAN BAN ON OIL FOR JAPANESE

Auckland Star, Volume LXXII, Issue 181, 2 August 1941, Page 8

AMERICAN BAN ON OIL FOR JAPANESE

ROOSEVELT ACTS Tokyo Arranges Credits With Thai Banks Unilcil I'r.-.-is Association.--Cnpyri-lii. Rec. ?j p.m. WASHINGTON, Aug. 1. President Roosevelt has stopped the export, of petrol and oil to •la pan. The embargo applies to shipments destined for other than the British Kmpire, countries in the western hemisphere ami other countries resisting aggression. The Saigon correspondent of the Associated Press of Great Britain reports that as Japanese troops continued to pour into southern IndoChina the Press at Hanoi began to exhibit a friendly attitude to the l.nited States in presumably inspired articles. The United States Far Kast policy is described as farsightedly aware of the Japanese danger and sympathetic towards France. The Under-Secretary of State, Mr. Sumner Welles, has announced in Washington that Japan has promised an investigation and full indemnities for the bombing of the United States gunboat Tutuila at Chungking, and the incident is now closed. The Japanese Ambassador, Admiral Nomura, had expressed official regrets and assured the State Department that all precautions would be taken against a repetition of the incident. Crack Troops at Saigon The Russo-Japanese agreement has not been ratified because it is awaiting the Privy Council's approval, said Viscount Ishii. However, ■ he disclosed that the. Foreign Office -is,studying possible changes before ] ratification. An agency correspondent in Saigon • reports that a fully-equipped Jap- •' anese army of crack troops, obviously ; ready for action, has formally L occupied Saigon. Observers said it was a first-class army, among /Japan's best, and was prepared for ■ any opposition. • Japan's campaign attacking Thai- : land and the Netherlands East " Indies continues. Reports from Saigon state that '. Japanese fighter planes and bombers . landed at the Saigon airfield on Thursday, and that Japanese forces ', occupied Pnompenh. Sixty Jap- • anese warships are lying off Cap St. j Jacques. The Japanese General Mobilisa•tlon Commission has approved an i ordinance regarding harbour management and marine transportation, 'aiming at maximum efficiency in -marine transportation. It is understood the commission plans to establish a new semi-official agency comipletely controlling all harbour facilities and all ships belonging to Japanese shipping companies. : Japan Wooing Thailand The Japanese Information Board's f spokesman, Viscount Ishii, announced that Japan and Thailand have signed an economic agreement under which Thailand will extend Japan credits totalling 10,000,000 bahts, equivalent ,to about 15,000,000 yen (about £1,000,000), and by which it is believed Japan will obtain rice from -Thailand. Viscount Ishii said the economic ' agreement was between the Yokohama Specie Bank and three large r Thailand batiks.

The Domei (Japanese) News Agency's Bangkok correspondent has predicted that the agreement will be followed sooner or later byThailand's abandonment of economic on Britain in favour of voluntary economic co-operation with Japan,

The Saigon correspondent of the Domei News Agency says Japanese army and navy commanders have expressed warm appreciation to the Government and people of French Indo-China for the enthusiastic welcome and many facilities given to the landing forces.