§ Wing-Commander Hulbertasked the Secretary of State for Foreign Affairs upon what conditions Japanese industry is now. being permitted to restart and dispose of its products in the world markets.
Mr. Noel-BakerThe principles which govern Allied policy towards Japanese industry are as follows: Industries which 395W are of primary importance as a war potential are prohibited or reduced in scale. Other industries are encouraged to restore their output to a level that will meet the minimum domestic needs of Japan and will provide the exports required to pay for approved essential imports. The conditions under which non-warlike industries may resume their activity are at present settled by the Supreme Commander for the Allied Powers. The long-term policy to be adopted in respect of Japanese industry will be worked out by the Far Eastern Commission in Washington.