COMMERCIAL TREATY.

Manawatu Standard, Volume LII, Issue 268, 12 October 1932, Page 2

COMMERCIAL TREATY.

JAPAN AND MANCHUKUO. MONROE DOCTRINE PRINCIPLE. A new commercial treaty .with Manchukuo, which Japan is preparing, is viewed politically as the possible establishment of a Far Eastern Monroe Doctrine, which would debar colonisation by European Powers (stated a message from Kobe on. September 21). The proposed agreement is described as being “greatly different in substance from similar treaties hitherto concluded.” It is believed to guarantee the status of Japanese advisers and officials. All arrangements are being based on the principle of economic unity between Japan and Manchukuo. Tho Press has been ordered not to comment or make any reference to the new treaties, while a ban has also been placed on discussion of the formation of a financial bloc to exploit Manchukuo. The Emperor assented to the despatch of reinforcements to Manehukuo to combat, the increasing attacks of Chinese irregulars and bandits. It was announced that about £700,000 had been spent during the past year oil army operations in the new State.

The Monroe Doctrine propounded by President Monroe to tho United States Congress on December 2, 1823, was in relation to the American Continent a declaration that “as a principle, tho American Continents, by the free and independent condition which they have assumed and maintain, arc henceforth not to be considered as subjects for future colonisation by any European Powers.” It concluded with tho statement; “It is still the true policy of tho U.S.A. to leavo tho parties (tho South American Republics) to themselves in the hope that other Powers will pursue tho same course.” Tho doctrine expounded the policy that existing colonies or protectorates would not be interfered with by the United States. ■