The Archive · 1926

The Recovery of the Yen

Due to a Strict Policy of Rotrenchmert in Japan Tokyo, July 16.

'The Premier, Mr. © Wakatsuki, speaking this evening at the Shen-jukao Journalists' Association to be published pending' the com organizing a proper Chinese Go-that the wordeful recovery of the pletion of official inv tion Reuter.

Tokyo, July 21.—Madame Herriot, wife of the French Premier, who at present visiting Japan,' to-day [climbed Fujiyama. On de She informed a reporter that she Reuter. was leaving for Korea to-morrow.—

[vernment in the near future, it wat thought best to discontinue the parleys for a time. "As soon as China is prepared,"te continued, ithe conferences will be resumed.

But, it is impossible to predict: the future in China."

The Seivakal men, nevertheless, [thought that discontinuance. of the! conference was, uncalled for when yen in the past two years was duo to the policy of retrenchment. He added that he, was determined to continue the same policy throughout tthe lifetime of the present Cabinet. 'He considered that a loose policy [would result in the fall-of the yen: it. would, he said, also' damage Japan's international credit prohibited without permission.

Text read from the printed page and cleaned; old type leaves the occasional error.

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