Bruce's telegram 338 [1] repeated to me.

I have seen Tokyo telegrams on which this was based and later
Tokyo telegrams. I note that Craigie believes the present
situation is that the Japanese Cabinet has considered all angles
and determined against any proposal for forcible measures
regarding the N.E.I. although German successes might encourage the
Japanese extremists to seek a new southward adventure.

Yesterday Lord Lothian [2] was informed in reply to informal
enquiry that the U.S. Government intended to maintain their
present policy, i.e. keep fleet at Hawaii as a deterrent to
Japanese adventures. At the same time they will avoid giving
provocation to Japan by such action as an embargo on war
materials. [3]