JAPANESE QUEST
AUSTRALIAN IRON ORE AGREEMENT REPORTED DARWIN. July 12 Efforts are still being pursued by Japanese interests to obtain heavy supplies of iron ore from Australia. The minimum quantity required annually is estimated at 3,000,000 tons. An agreement is reported to have been concluded by a Japanese representative, Mr. N. Umeda, with powerful steel interests in Australia for supplies from north-eastern Australian deposits, which will be worked with Australian capital. Mr. Umeda, who is en route to Sydney to sign the agreement, says ho cannot understand the suspicion associated with Japanese efforts to obtain the iron ore, as it is purely a matter of trade, like wool or wheat. There is no thought, ho says, of peaceful penetration of Australia.
Japan was also prepared to take cattle, which could be carried in the same ships as the iron ore.
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New Zealand Herald, Volume LXXIV, Issue 22779, 13 July 1937, Page 9
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140JAPANESE QUEST New Zealand Herald, Volume LXXIV, Issue 22779, 13 July 1937, Page 9
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