One of the unpleasant realities of 1938 for the Occident is that the West is being kicked out of East Asia by Japan. The recent establishment of the monopolistic, Japanese-financed North China and Central China Development Companies is an extension of the same Japanese methods used to squeeze Occidental trade out of Manchukuo. Japan's conquest of Canton last month put 20,000 British traders in Hong Kong temporarily, if not permanently, out of business. The Yangtze Valley is virtually closed to all except Japanese salesmen.
Last month the U. S. protested that Japan had...
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