Draft Prepared by the Adviser on Political Relations (Hornbeck)53
Outline of a Possible Agreement
The Governments of Japan and the United States undertake to desist from or refrain from any enlargement of their military establishments at any points in the Pacific outside of territories under their respective sovereignties or mandate.
They also agree not to make any armed advancement from points at which they now have military establishments against any neighboring areas.
They agree to cooperate with a view to obtaining and insuring acquisition of goods and commodities which are needed by either of them from sources in third countries for normal and legitimate economic activities.
They undertake reciprocally to rescind within three months their respective freezing regulations and operations, each so far as the other is directly affected thereby.
They declare themselves committed to principles and a procedure of economic policy as follows: [see draft given to Admiral Nomura on November 1554].
They agree that in case either of them embarks upon military activities inconsistent with the provisions of the first paragraph above, the obligations of the other under this agreement shall automatically terminate.
- Notation on file copy in red pencil by Dr. Hornbeck to Mr. Hamilton: “Max: A very rough new attempt.” Pencilled notation: “About Nov. 21?”↩
- Brackets appear in the original; for draft, see Foreign Relations, Japan, 1931–1941, vol. ii, p. 736.↩