। ॥ ३४ ॥
In plain words
In the sentence before us, what gets dropped is only one part of the literal meaning—that much is accepted. Jahatī lakṣaṇā, which throws out the literal sense entirely, cannot apply here at all: it would run against the tradition.
Close to the Sanskrit
In the case at hand, the abandonment of one part of the literal meaning is what is accepted; the jahatī (wholly-abandoning implication) cannot be possible at all, because of conflict with the tradition.