Show FOREIGN POLICY london august 3 the in the house of commons this afternoon was taken up with the discus lon of the foreign policy earl percy under secretary of foreign affairs said that under the present circumstances it was impossible to discuss the changes in the far east that might be brought about by the war or changes hat it might be desirable to introduce in the anglo japanese alliance when it was brought right to renew it he noted with satisfaction that all agreed upon the desirability of renewing such an alllan cp he thought that the general state of europe presented no cause for anxiety reverting to the far east ha said it was true that while great britain in common with other countries was losing trade in china japans trade in that country was increasing efforts were being made to fresh markets in the interior he continued and china had a great promise if the chinese were able to finance the proposed railway through the valley to the redstone Reds tono basin in the province of Sze chuan to apply first to british and american capital to build it great britain he said was now negotiating with fiance for the joint of the line causes satisfaction london august 4 in connection with the statement of earl percy in the house of commons yesterday afternoon concerning great britaina Brit ains foreign policy which Is the subject if considerable satisfaction in the fedi corials his morning on of its reassuring view as to the relations of great britain with europe generally as well as on account of the evidence that japans pro occupation in a great war does not prevent her rapid com mercial growth the associated press understands under stanus that negotiations for the renewal of the anglo japanese alliance here progressed a great deal further than was indicated by earl percy guarded allusions to it it is believed in tact that little remains to be dono beyond signing the new instrument |