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Show llJP ALONE IN THE FAR EAST France Negotiating With Japs With View to Reaching an Agreement. Great Drltaln's Diplomatic Maneuvering Maneuver-ing for the Isolation of Germany Seems to be Bearing Fruit at Last, and Emperor William Wil-liam Stands Alone. Paris. Olllclal confirmation hns been obtained of tho report that negotiations ne-gotiations are In progress between France nnd Japan looking to an understanding un-derstanding mutually guaranteeing tho political and commercial Interests ol tho two powers in tho fnr east Hnrmonlous conferences on the Bub-Joct Bub-Joct havo been going on nt Toklo. Franco has recognized that her possessions pos-sessions in Imlo-Chlnn nnd Slam, as woli ns her commercial Interests In the far cast, would bo extremely vulnerable vul-nerable In tho ovont of war, nnd deemed It wiso to make an arrangement arrange-ment with Japan, which is willing to guarantee French Interests In return for recognition of tho Jnpnnoso claims in Korea. At tho snmo time It Is explained tho cntonto will bo strictly limited to tho maintenance of tho status quo. It does not touch China and has not anything resembling an offonElvo or defensive featuro. Nevertheless, taken tak-en in connection with tho Russo-Jnp-nneso undcrjtnndlng. which shortly will bo concluded, nnd tho Anglo-Japanese nnd Franco-Russian nlllnnces, tho onteuto creates a combination In tho far east and a now grouping of tho powers in Europo of extremo slg-nlflcnncc. slg-nlflcnncc. It constitutes, In effect, another significant way Great Hritnln'ii diplomatic maneuvering for tho isolation isola-tion of Germany. It Is lenrned that tho recent Jnpnnoso Jnpnn-oso loan floated In Paris and London was involved In tho negotiations, and that (Ireat Britain and Russia already have approved tho general Hues of tho arrangement |