Notes resulting from the discussion between Cordell Hull and Lord Halifax on the preceeding discussion with the Japanese Ambassador

Desire to bring about a settlement to the Sino-Japanese war, and a summary of Japanese relations with the Axis and movements in Indo-China and Thailand. Belief that Admiral Nomura is working on behalf of Matsuoka in a scheme concocted with the German government. Speculations on Matsuoka's mental state, and his role in the formation of Japanese and Axis policy. A summary of Japan's internal circumstances, including her economy and military logistics.