The Ambassador in Japan ( Morris ) to the Secretary of State
[Received November 13—5:44 p.m.]
The news of the armistice is viewed by the Japanese press and people with a detached attitude. Satisfaction is professed but without enthusiasm. Newspaper comments reveal a keen interest in Japan’s aims at the Peace Commissioner [Conference?], chief emphasis being laid on the necessity of securing recognition of Japan’s paramount position in Eastern Asia. The advance in quotations on the stock exchanges both at Osaka and Tokyo were not anticipated and indicates a general feeling of optimism in economic circles. The Advisory Council on Foreign Affairs met today when it is reported Japan’s peace terms which have been drafted by the Foreign Office in collaboration with the War and Navy Departments and the appointment of a new Ambassador were discussed.