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The author reflects on the political condition in the Far East. He points out the seizure of Chiang Kai-shek by Chang Hsueh-liang. He argues that Union Soviet Socialist Republic wants peace and has repeatedly demonstrated in its policy in the Far East, that the country will go to almost any lengths to avoid an open with Japan.

It is good that the public is taking a keen if belated interest in the activities of the international armament ring during and between wars. The story of young men being killed with guns made by their fellow-countrymen and sold to the enemy at a profit to munitions makers has not grown less sordid with the years. It becomes peculiarly relevant to American young men, any one of whom faces the fantastic but real possibility of being killed in the Far East by a bit of shrapnel that was originally part of his mother's kitchen stove. It is hoped the Senate committee's investigation of the munitions racket will be thorough. The chairman of the committee, in a recent speech cited figures for various companies showing the difference between their profits in peace and in war.

Focuses on a peace between China and Japan. Confusion caused by Japan's rapid moves that has kept public sentiment busily engaged with speculating about the meaning of each one separately; Impact of the Paris Pact on the war between China and Japan; Significance of the acceptance of outlawry in the Peace Pact of Paris by Japan; Discussion of the public's understanding of and belief in the Kellogg- Briand Pact; Impact of the Far Eastern embroilment on the Peace Pact.