Show Embargo Held Futile to Stifle Japan By Richard Waldo and I Gabriel Gobriel 1 t J NEW YORK Informed Nc New Ne York financial opinion does not nol jF agree with widely idely publicized and anc hopeful statements that an AmeriA Amen Ameri- A can embargo of certain supplies r r can strike Japan into I F r defeat This it is s held is a as a. t V. V an undertaking as th the S I starving out of Germany by the flu British blockade under present con con- r J American hostility toward ToI Tokyo's To To- ToI kyo's kyo s program ot of expansion and anc I I f the new order In Asia have been r maintained the their v consistently by ir iry y Hoover t and the Roosevelt Roose admin admin- f f In the 12 years of admonishment ad- ad Japanese business and Industry have prepared for the f. f Very cry contingency that has now i C arisen athen term Long barte contracts r ave pr provided her with an ement effi- effi Sent ent industrial machinery at home sand and In Chinese areas now under r k r her control Sweden has furnished i. bearing factories and machinery machin- machin t 1 ery ery ry of all sorts resources re- re sources have been developed to a point where they can be tapped to R a very substantial extent Japanese aircraft plants work now on mass schedules production productIon schedules with the help pf of German engineers In the I last t 1 lOPE Jour years the production of oil has pushed to the limit and there ls js every reason to believe that for forr forC r C war var purposes Nippon is as well as was the reich in September September Sep Sep- 1939 Moreover from aUt all aU t private reports cooperation with Russia has been the basis of the new alliance which makes the entire entire en en- i tire Eurasian continent with continent with few exceptions exceptions- one exceptIons one ne huge hUle economic bloc Expert analysts feel teel it is shallow wishful thinking to assume that our stoppage of materials will have ave any noticeable effect on the outcome outcome out out- come of the war We have threatened threatened threat threat- at ened the blow for years Japan has had ad ample time to prepare herself a and d since she signed the agreement agreement agree agree- ment on her own on initiative she appears to have made ready for all contingencies that were to be e ex- ex e- e |