Price of Peace

Berlin's radio solemnly reported Japan's "peace terms" to the U.S., as printed in the Japanese periodical Meiho. Sample conditions:

P: Confiscation of the entire U.S. Navy.

P: All expenses involved to be paid by the U.S.

P: All large merchant ships to be placed at Japan's disposal.

P: All naval installations, naval stations, dockyards, arsenals, colleges and other centers of naval education to be destroyed.

"In case of the scuttling of a single ship," Meiho ruled, "ten times its value should be paid to the Japanese Government."

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