U.S. AND JAPAN

Manawatu Standard, Volume LIX, Issue 204, 29 July 1939, Page 10

U.S. AND JAPAN

A FIRMER LINE. “PLAIN INTIMATION.” (United Press Association —By Electric Telegraph—Copyright.) NEW YORK, July 27. The New York Times 'Washington correspondent telegraphs that the Treasury’s gold and silver purchases have assisted Japan in a large measure in the financing of its aggressions in China, the bullion being converted into dollar balances which have been used to finance arms and raw material purchases, either in the United States or Europe. Tlie Washington correspondent of tlie Associated Press of America states : “Japanese officials cannot fail to read into tin; latest American development a plain intimation that the platform planks of both major parties in the Presidential election of 1940 are apt to call for a firm resistance to any Japanese encroachment of American treatv or other rights anywhere in the Par "East. . . .Furthermore, the al>rogation move tends to offset somewhat the loss of prestige abroad which the President suffered due to his failure to obtain a revision of the neutrality laws during the present session of Congress.”