Abstract

Editorials
June 24, 1939 issue

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The Japanese blockade of the British and French concessions in Tientsin appears to have precipitated the long awaited showdown between Japan and the Western powers in the far East. It has been evident for months that a crisis was approaching. The Japanese occupation of Hainan and the Spratly Islands a few months ago was a sign that Japan was preparing to strike directly against European and American interests. More recently the Japanese tested Western resistance at Kulangsu, the foreign area at Amoy. The results were not encouraging to Japan, largely because of American initiative. Yet there seems to have been some force propelling Japan toward a showdown regardless of consequences.

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BUSINESS enterprises; FINANCIAL crises; BUSINESS planning; STRIKES & lockouts; RETAIL trade; JAPAN
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