British, Japanese, Australian men

The transcript discusses the leasing of Jarvis Baker and Howland Island by the Crown to an Australian trading company since 1914. It highlights Japan's strategic concerns over the proximity of new American islands to the Carolina Marshall Islands, which Japan had seized after leaving the League of Nations. The Australian Pacific Islands Company, holding a British lease on these islands, is also concerned. A conversation reflects on the potential economic impact of American influence and investment in the region.

What is the role of the Australian Pacific Islands Company in relation to the islands?

What implications does the presence of an American airline have for the region?