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The establishment of the Covenant of the League of Nations affected in no small measure Japan's foreign policy, but here I wish to pay special attention to the two points; one is that the Covenant acq...uiesced in the Monroe Doctrine and the other that the Anglo-Japanese Alliance became incompatible with the Covenant. The former point opened up a possibility of Japan's realizing her "Monroe Doctrine" in Asia. The latter brought in the situation in which stability in Asia had to be sought in the cooperation among the Powers instead of the Anglo-Japanese Alliance. Obviously, these two different courses of action cannot consist with each other. Meanwhile, an argument in favour of international control of China by the Powers was powerfully advanced against China, then on the verge of bankruptcy both administratively and financially. It was because the proposed international control of China would hamper her realization of "Asian Monroe Doctrine" that Japan voiced strenuous opposition to it. Yet, the very core of the matter lay in the way Japan and other Powers would analyse the current situation of China and predict her future.show more
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