Mr. J. Inouye, whom I have! frequently quoted as a high aut on the finance and econom of modern Japan, is now a. strong advocate of a return to the gold standard as soon as possible. Otherwise he frankly says "Ruin stares us in the face." This sounds picul, indeed, but Mr. Inouye, who sticcessively Governor of the Yokohama Specie Bank, Governor of the Bank of Japan and Minister of Finance, certainly may be regarded Jas one who speaks with authority. Br, Inouye in making half of the future fi tion Japan is to hold, pan is to hold any financial position dealing with the Western powers, points out that the yen has made a phenomenal recovery from 33 jeents or one shilling and seven pence to 47 cents or one shilling and eleven pence and that now ig the time for the Government to come to. the aid of the country or forever after pay, ay, pay the penalty. With the yen hovering around the 49 or two shilling stake Mr. Inouye points to the opportune moment to make fast to the gold §tandard. His alternative is not dressed in any disguise but stands out most objectionably naked and uncompromisingly unpleasant to look upon.
A revision of the tariff, is to be [considered by a Commission recently sanctioned by the Throne. Whether the general tariff trend will be up or down, no one can gay, but one of the wits of the Japanese newspapers says that if it is downward the Commission will find it hard-to collect payment for its work. Anyhow the med with silver lace and orange blossoms, and a tulle veil, peari emibroldgred and finished with orange blossoms., She carried a big bouquet of flowers, as did her attendants.
The sound couple subsequently left for Shanghai, and embarked the P. & 0." S. Malwa for Home where they ate spending six inonthst
Text read from the printed page and cleaned; old type leaves the occasional error.