The Daily Alaska empire., 1941-07-28

Japan gets quantities of oil from the Dutch Indies and shutting off of this supply might bring about a drastic change in the Far Eastern situation Freezing of a5- sets and credits by the Dutch h. dies may mean suspension of oil deliveries.
 Make Appeal
 Japanese broadcasting stations in Tokyo yesterday made an appeal to the United States to reconsider" its attitude toward the French Japanese joint co-defense pact for Indo-C Chian and retaliating by both the United States and Great Brit ain in freezing Japanese assets and credits. Japan has retaliated by freezing American and British assets in Japan.
 While Japanese Sunday news papers warned against possible warlike consequences of American economic measures against Japan, Nobumi Ito, president of the Japa- nese board of information, in a nationwide radio address declared:
 "f the United States refuses to understand Japan's real inten- tions and is now bent on taking measures to exert pressure on Japan, the conclusion is inevita- ble that it is the United States government that disturbs the peace. The responsibility rests entirely with that government"
 Ito coupled his plea for Amer can reconsideration" with an ex- hortation to the Japanese people to remain" calm"
 The authoritive newspaper Mi chi Nichi, meanwhile, warned that the United States may be con- fronted with a perilious situation fraught with the danger of war if economic steps aimed at Japan continue.
 President Roosevelt's order frecz- ing Japanese assets was declared by the newspaper Asahi to be part of an Anglo-American policy to check Japan in the southwestern Pacific"
 This, said the paper, "is no longer an economic prcb blem
 which could be dealt with eco
 nomically, but provckes the fun
 damental determination of the
 Japanese people. President
 Roosevelt should remember that all efforts by the United States
 to check rising nations have so far proved dismal failures"
 Forging ahead stubbornly toward her proclaimed objectives in Indo- China and elsewhere in the Far East, Japan yesterday decreed the freezing, beginning today, of the assets held in the Japanese Empire by interests of the United States, American territories and Britain.
 The concerted economic meas ures taken by the United States and Britain in freezing Japanese assets were officially stated in To- kyo to have come as no surprise to steps to minimize the effects.
 The emperor called a meeting of his privy council, the nations high est administrative body, today when the immobilization, of Amer ican and British assets took effect.
 At the same time, it was learned United States Ambassador Joseph Grew conferred with Toyoda three times within twenty-four hours.
 Under the freezing order issued by finance Minister Ogura, Amer ican and British Nationals, effect i've today, receive permission from the Japanese finance ministry to obtain more than 500 yen (approx- imately $115) per month in the Japanese Empire.
 Disposition of all real estate holdings, personal and other prop critics held by these nationals, it was ordered. will be under the rigid control of the finance minis try. These include debt payments, financial loans, trust transactions or any other cash or credit deal ings involving more than 500 ven monthly.