JAPAN LOOKS SOUTH

Hawke's Bay Herald-Tribune, Issue 70, 9 April 1937, Page 4

JAPAN LOOKS SOUTH

"Italy's new slogan of a neeessary redistribution of the earth's raw-material wealth and colonial areas has heen eagerly seized iipon in Japan. JThe Japanese trade balance has been dangerously burdened by imports of raw materials. Manchukno has not been able to relieve tfie strain, nor has it proved suitahle for Japanese settlement. North China is of dubiqus value in a non-military sense. Moreover, the ambition of the Japanese navy has long been repressecL since for many decades it has had to leave the entire business of extendmg Japanese power to the army. Recently, aU these factors have had the result of focusing the centrally-oontrolled atfention of Japanese public opinion npon the rich islands in the Pacific There is talk of new mandates--over southern New Guinea, and over the (formerly German) islands south of the Equator, which have fallen to Australia and New Zealand; there is talk of oil and other concgssions in the British and Dutch possessions and of unrestricted Japanese economic development and settlement in the numerous Pacific-Asiatic regions and island gfoups."-^jguenther Stein, m Paste Lloyd (Budapest),