The Bay of Plenty Times TUESDAY, JANUARY 26, 1943 TRIPARTITE ECONOMIC TREATY

Bay of Plenty Times, Volume LXXI, Issue 13056, 26 January 1943, Page 4

The Bay of Plenty Times TUESDAY, JANUARY 26, 1943 TRIPARTITE ECONOMIC TREATY

have been doing that ever since they were at wai, fQr «■? £ - lilin . The strength of the Axis to-day is not what it vwis two yaS ago! treaty with such a clause should hav. a good effect on the Home Fronts in. Japan and Germany-*nd tlt is all the value the treaty has for the Axis. It* because tliey have ost their strength that they have lost the initiative on the battlefionts. Tl a f wny Rommel has lost Libya and Tripolitama, and the Germans and their Allies are on the run on the Russian front The treaty also contains an economic clause which seems to look far ahead If the war ended in a win for the Axis such an enormous part of the world would fall under their domination and there woiuAe illimitable scope for exploiting the conquered eountr es That the Axis possesses no money makes no difference, for the people would live to accept as money, or as representing values Sess pieces of paper. This course is now Jemg adopted countries occupied by the Germans, and the Japanese. But both will have their hands more than full in repairing and restoring the damage done by the war. Up to the present .Japan has suffered very slightly, but that does not mean she will escape damage. Tokio, Yokohama and Kobe have yet to be bombeci, when some of the heavy British bombs fall on those cities the people of Japan will have a different view of the war. The fighting strength of the Axis is diminishing and this is being proved largely bv the sparing use both Germany and Japan are making of their aeroplanes. Japan is handicapped because she is running short of aircraft, and also because her airmen are inferior. In recent combats off the Solomons and New Guinea, the Japanese have always been the heavier losers. Both Germany and Japan must bv now be fully aware that for them the sands of time are running out, and treaties are not going to save them from ultimate destruction. . , Hitler's dream of a dominated economic Europe, and Japan s dream of co-prosperity in the Far East with Japan dominant, have vanished After the war both countries will have their fangs drawn and be rendered harmless. It is possible that Germany will be cut up into provinces as existed prior to 1871, and Japan will lose Formosa, Korea and Manchuria.