Foreign News: Strong Policy
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"All we insist upon," declared the wheezing Old Fox, "is that China recognize our treaty rights, under which Japan has acquired vast interests approximating $1,000,000,000 [in Manchuria], and that there be guaranteed the safety of the Japanese and the nearly 800,000 Koreans who are Japanese subjects. So that they may live in peace and carry on their respective enterprises."
*By speculation against the yen, which declined from 49,625 fortnight ago to 41.44'' last week. Efforts to sell the yen short were discouraged by Wall Street bankers and blocked whenever possible by Japanese bankers when the short sale would have been for a white man's account. But irate Mr. Inouye charged in Tokyo that Japanese tycoons and banks managed to operate against their own currency to the tune of some $300,000,000, thus patriotically keeping most of the speculative profits in Japan.
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