Show JAPANESE SEE JAPANESE o. o U.S. s. s TRADE f OSAKA Japan Jan 23 Admiral Sankichi T kah hi mander In chief of tho ho to Japanese fleets fleeta pictured t prospect of ot rl rivalry alry e lean Ican and Japanese Comme by fey natives In tho the Island bland ti 1 of the southeastern Admiral Taka ash the the- rz ranking seagoing comm dressed S a dinner of ob b t leaders of ot western Ja Jap Japan of them were were- munitions J Japans fleets d m miral are arc organized to national defense defence only only- with S. S thi 11 States form fleets are are- d' d th to protecting and rA rAIf lean commerce If It the American r na 7 do doy abandon this objective the oJ nese must navy Prepare to c the situation arising from It When th the breakdown ot of the don naval cl terence nce Is s taj u- u consideration It Is b clear Out th facts soon loon will be keenly felt iu i pans pan's future r tr trade de deIt if en It I Is likely that Japan Japans tea advance ce In Manchuria r rC reach ch Its Ita limits and empires empire's future commercial e sion sian must be directed to leu m seas with For Formosa oa or the m 11 Islands of the tho equatorial Pad bases j In such event the cruIsing d of ot the Japanese navy m must s be expanded so as to rea ruch Guinea Borneo and the Admiral TaKahashi did not n not tIon the Philippines In hi hi S p |