Evening star., 1942-02-10
Peace Move Reported
Begun by French and
Nazi IndustriaIists
Peril Of Jop Dominance
In Markets of World
Termed Main Argument
B, the Associated Press.


LONDON, Feb. 10.-An inter-
national cartel of French and
German industrialists was re-
liably reported today to have
started organizing a new cam
paign for a negotiated peace be-
tween Germany and the United
Nations on business grounds.
These international industrialists.
qualified source said, argued that
Japanese conquests in the Pacific
with acquisition already Of territories
rich in natural resources and raw
material have put Japan in posi-
ton to seize and dominate world
markets If the western powers per-
sist in fighting the war to an end.
Point Campaign Toward U. S.
The industrialists were reported
pointing a campaign particularly
toward the United States with
emphasis on the dangers of adding
access to raw material to Japan's
cheap labor supply.
They are seeking Intervention by
bankers and manufacturers Of other
warning nations in the vest to per-
nit westerners to return to a peace
time economy before the Japanese
get an upper hand In world
markets"
This source said Adolf Hitler re-
CARDS the campaign with benign in
terest because he feels that the worst
it can do would be to retard war
production Of his enemies and
dampen the ardor of United States
manufacturers who have been SEN
sitive to the yellow peril"
The new peace move recalled ear
lier feelers aimed at a separate ar
nistice with Russia when the Soviets
were retreating last fall. The Rus
slams fatty rejected the suggestions
last October IL.
Trial Balloon Carefully Timed.
Observers pointed out that the lat
est peace trial balloon was carefully
timed to take full advantage of the
natural feeling of gloom in Allied
countries over Pacific area reverses.
They added that if it in any way
retards production, particularly of
aid to Russia, that it will be Just
that much in favor Of Hitler's Of
fensive plan.
This source said, however, he was
informed that the concern of the
German and French industrialists
over the possibility of japanese
seizure of world markets is real.
1t was prompted particularly by
the fact that Japan has just in
formed Germany that, despite the
Malayan and Netherlands Indies
successes, Japan will not be in a
position to spare raw materials to
Germany from those captured areas
for at least two years, the informant
said.
Hitler's Position Strong.
Japan was said to have insisted
that the Dutch >"scorched earth"
policy had been so thorough it would
be six months before she could get
| any real benefits fron the Indies,
and that for year and half after
ward the raw materials would be
needed by the Japanese themselves.
The source said he was informed
Hitler's position at home was very
strong at present because of dis
agreements within the factions that
disagreed with the Fuehrer. Hitler
exploited the situation fully and had
even made capital Of the Russian
advance. aS
Four weeks ago. this source said,
DR.. Paul Joseph Goebbels called in
propagandists and newspaper rep
resentatives and dictated new pol
icy of painting a dark picture for
the German people. They are being
told of reverses and warned of the
consequences of defeat in the hope
that this will stimulate war pro-
duction.