MUTUAL REGRETS

New Zealand Herald, Volume LXXVIII, Issue 23995, 19 June 1941, Page 9

MUTUAL REGRETS

JAPAN AND INDIES

FAILURE OF PARLEYS DELEGATION TO DEPART 'Herd. 10.10 p.m.) LONDON', .Tiinp IS Fnllowing the discontinuance of the negotiations between Japan and the Netherlands East Indies, it is understood Japan will accept the quotas of raw materials offered by the Dutch based on what is regarded as her normal requirements, says a message from Bat a via.

The leader of (lie .Japanese delegation, Mr. Yoshizawa. in the course of a statement, announced that lie had heen instructed to return home at the earliest opportunity owing to the impossibility of reaching an international agreement on the basis laid down by his Government. He expressed the hope that the reasonableness of the Japanese proposals, which were founded upon the mutual prosperity of both countries, would he understood by the Netherlands in the future. The Domei news agency, says a message from Tokio, confirms that Mr. Yoshizawa and his delegation are to withdraw from the Netherlands Indies. No Change In Relations Although economic negotiations at Batavia have ended, there will be no change in the normal relations between the Netherlands East Indies and Japan. This announcement was made in a joint communique issued after a meeting of the Governor-General, Baron T. van S. Stachouwer, and Mr. Yoshizawa. The communique added that both trade delegations had como to no satisfactory result.

M. van Mook, representative of the Netherlands Government in London, said that the Governor-General told Mr. Yoshizawa that the contents of the Netherlands' reply on June 6 was the final answer. Mr. Yoshizawa then asked if it would be possible to reopen negotiations, but the Governor-General said if. would be impossible and, if further minor issues arose. they could be dealt with by the Japanese consular representatives. Friendly Basis M. van Mook added that the final interview was on the most friendly basis. Mr. Yoshizawa had said that he felt the talks had not been in vain, j They would lead to a better understanding by both of their difficulties. Viscount Ishii, spokesman in Tokio for the Japanese Foreign Office, announced that Soviet-Japanese negotiations, regarding the rates and greater movement of supplies in both directions along the trans-Siberian railway, are proceeding in Moscow and Tokio. The Japanese Ambassador in London, Mr, Shigemiteu, has left for Tokio for consultations with his Government. DIRECT TAXATION BURDEN IN BRITAIN LONDON, June 18 An illustration of the weight of direct taxation in Britain was given by the Chancellor of the Exchequer, Sir .Kingsley Wood, in moving a resolution to enable obligations to pay sums of money, such as annuities, froe of income tax, to be modified. He pointed out that an obligation to pay 14s 6d free of tax required a gross income before the war of £l, whereas, with the existing taxation, £1 9s would now be required. LOAN OVER-SUBSCRIBED LONDON, June 18 The Straits Settlements £10,000,000 war loan, which was launched In t Monday, has been over-subscribed, -tates a Singapore message.