MANCHURIAN OIL.

Waikato Times, Volume 116, Issue 19399, 27 October 1934, Page 7

MANCHURIAN OIL.

PROPOSED MONOPOLY. BRITAIN ENTERS PROTEST. I BREACH OF NINE POWER TREATY. (Oficlal Wireless.) (Received Oct.' 27, 12.45 p.m.) RUGBY, Oct. 26. Representations to the Japanese Government with regard to the pro--posal to establish a trade monopoly, largely financed by Japanese capital, in Manchukuo, have been made iby the British Ambassador at Tokyo and the British Consul has made representa-, Lions on the same subject to the Manchurian Foreign OflTce. ! It is understood the United States representatives have taken similar action according to newspaper reports. I Foreign interests are affected in regard to the proposals as they are not in' accord with Article 111. of the Nine Power Treaty. By Article 111. the Powers agree “not to seek or sup-! port any arrangement which might establish in their favour any general superiority of rights with regardito commercial or economic development In any. designated region o>f China;" and secondly “any such monopoly as would deprive any other power of the right,of undertaking any trade or In-; dustry in China or of participation 1 with the Chinese Government or with any looal authority in any publio enterprises or which is calculated to frustrate the practical application of the principle of equalnpportunity.”