Tokyo, Aug. 28.
A definite step towards military for the nation has been the reported decision of the Departments of War and of Educa-nto attach one or more officers to each of the Middle and Higher Schools throughout the country to supervise the military training of the students.
While so attached, these officers remain on the Army Active List and will be paid by the Army. They will return periodically to their regiments for additional training and in this way spread general knowledge as regards defence principles, so that the ultimate result will be, it is hoped, to make it practicable to reduce the term of conscription to one year in accordance with the popular demand.
If the Cabinet approves the decision, the regulations will be foreed in April, 1925.
This proposed employ: tot officers is regarded as sol ye the question of the disposal of the 2,000 officers who were to be 1 charged under the military reform scheme, which has received the approval "of the Supreme Military Council, and at the same time keep them on the Active in case of emergencies.
'The reform' scheme, which having been finally approved is now being submitted to the Cabinet, provides for the reduction of four Divisions. This is estimated to save Y.18,500,000 approximately, of which the bulk will be devoted to the establishment during the next three years of three additional aviation corps, one tank corps and two anti-aircraft corps and chemical and scientific research, leaving ¥.1,800,000 in accordance with "the "general retrenchment policy laid down by the Govern ment.—Reuter's Pacific Service. jose news agency telegram from Dairen states that the Lungkou Bank there had a run on. it by depositors the 15th instant, The Bank capitalized at Y. 15,400,000 and is a joint Sino-Japanese enterprise patronized by the Kvantung Government and Dairen Municipality. In view of the far-reaching effect likely to be produced on the local financial world if the bank failed, a conference was held the same day by local bankers: and Japanese Government authorities, but no definite decision was; reached. The bank was crowded with depositors and there was great confusion throughout the day.
Text read from the printed page and cleaned; old type leaves the occasional error.