Peace with Benefits

Last week, nearly ten years after the Japanese armies retreated from a ravaged Burma, the Foreign Ministers of the two nations concluded final peace terms, and toasted the agreement in champagne. As reparation for the wartime occupation, Japan promised to send Burma $20 million-a-year worth of machinery and goods for the next ten years, along with technicians, and to invest another $5,000,000 annually in such joint enterprises as power projects and factories. Thus out of the peace Japan stands to get a friendly foothold in the Burma market.

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