BRITAIN AND JAPAN
TEXTILES DEADLOCK QUOTA PLAN NOTIFIED' TOKIO TAKES GRAVE VIEW By Telegraph—Press Association —Copyright (Received May G, 5.5 p.m.) LONDON, May 5 The President of the Board of Trade, Mr. Walter Runciman, yesterday informed Mr. Matsudaira, Japanese Ambassador, that Britain would be compelled to put quotas into operation unless the Japanese formulated a proposal acceptable to the Lancashire textile interests. He assured Mr. Matsudaira that. Britain would take this action with reluctance.
Mr. Matsudaira h?.d no new proposal to put forward, and he accepted the formal declaration, which he cabled to Tokio.
A message from Tokio to-day says the Japanese Government- and industrialists take a grave view of Mr. Runciman's Note to Mr. Matsudaira, Representatives of commerce and industry, the Foreign Office and industrialists are holding a conference on the matter. Tho Dominion Governments are being informed of all the moves, but it is understood they are considering the matter independently.
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New Zealand Herald, Volume LXXI, Issue 21793, 7 May 1934, Page 9
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153BRITAIN AND JAPAN New Zealand Herald, Volume LXXI, Issue 21793, 7 May 1934, Page 9
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