A journalist on the Japan Chronicle for 11 years, the author collects in this volume the most significant current events for discussion. They include the financial crisis of 1927, hostilities with China, Japan's booming manufacturing industry, Japanese nationalism, Japan's new empire and its place within the Far East and East Asia.

This volume examines the history, economy, politics and society of Japan from just before the First World War until 1926. Japan's relations with the West, as well as with Russia and China are also discussed.