Indianapolis Times, Indianapolis, Marion County, 30 June 1936 — Page 10

§ + & 2 i

. Price which the United

EMAN COGNITION AS PRICE OF TRADE

: ‘Open Door’ Policy in China

Is Affected by Attitude of Nipponese.

BY WILLIAM PHILIP S 8 Scripps-Howard Poreign Ed ' WASHINGTON, June 30—The States, Great Britain and other powers will have to pay for the maintenance of the “open door” in China is is recognition of Japan's virtual

~ Suzerainty over Eastern Asia.

Such is the gist of Japanese policy as transmitted by the For ign Office at Tokyo to its diplomatic representatives abroad. Nippon, according to the “Nichi Nichi,” is fully aware that por penetration of China is bound to create

. friction between herself | {and other

* ties.

then would. grant the rest of the |=

nations with considerable invested

area. Proposes to Continue Advance

capital and other interests in that =

None of the great powers is in a position to oppose Japanese policy making represe

Nippon. Admittedly only force can stop her and no western power dreams of going any such length. Britain, France, Russia, Italy are afraid hostilities might break out in Europe. The United States hasn't the slightest intention of going to war in defense of Chinese territory or Chinese trade. Japan, therefore, apparently holds . the future of China in the hollow of her hand and with it the fate of the open door so hard-won by this country.

Water Co. Seeks to Increase Capital Account.

A hearing has been set for tomorrow by the Public Service Commission on the proposed $722,000 a of the Indianapolis Water

© water company pointed out that the bonds would not be for sale

company's value of improvements to during the last 10 years.Company officials also also announced they want. to issuc 1810. shares uf 3 preferred.

Pe : 1

ed at $503,095.

Wabash sh R. R. Files Petition A petition was filed with the Public Service Commission today by receivers for the Wabash Railroad Co. for consolidation of two grade crossings in Allen County near Fort Wayne.

Kempler Leads the Way With Lower and Easier Terms

NO MONEY DOWN

So when 8. Yoshida, new ambas- | =

sador to London, prepared to leave

Tokyo for his post, says that paper,

Foreign Minister Arita instructed

him to inform the British that their | ==

vested rights in China would be re- | =

spected: by Japan provided Britain

recognizes Japan as the sole “stabil- | =

izing influence” in East Asia.

Japan proposes to continue her |=

methodical, fanwise advance westward and southward into China. If other foreign powers will recognize her “right” to de this, their interests “will be. respected.” Japan is in a position to nullify the “open r” in China. This she has done roughout Manchuria and Jehol, and to a considerable degree even south of the Great Wall. In what Is ‘now called Manchukuo, Japan has made it difficult or impossible for American, British and other concerns to exist. Only recently the Asiatic Petroleum Co. found it necessary to close its doors in Mukden. Shortly before that Texas Oil and Standard Vacuum withdrew from that territory. . All were victims of the oil monopoly set up by the Japanese through a Manchukuoan law. Two Methods Possible That is one way of slamming the door in the face of competitors. Another—where Japan is less definitely in control—is encourage large-scale smuggling Japanese goods into Chinese territory. Legitimate imports—those on which duties are paid—naturally haven't a chance. Furthermore, most of China's foreign loans—of which the nationals of western powers are the chief holders—are secured by customs duThe wholesale smuggling now going on behind the deliberately turned back of Japan is endangering these investments. The Japanese remedy for all this would appear to be for Britain, the United States and other nations to admit formally Nippon’s claim. to a hegemony over eastern Asia. Japan

world such privileges in that areg as she might see fit.

The alternative is to block the

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