Osaka, June 24.
The business men in Osaka are still striving in vain to see light. Some are desperately praying for Government relief. The newspapers are, however, unsympathetic and continue to express their disapproval of Government assistance and to urge the merchants to work out their own salvation. Nevertheless the approaching session of the Diet is attracting great attention because the Government will then be pressed to define their financial policy.
The financial editor of the "Asahi" declares that the Government's Loan policy, of which internal loans to the amount of, 'Y.360,000,000 still remain to be, floated, is very likely to prove a stumbling block for the Government. The merchants here strongly oppose the proposed revision of the income tax law but the Government appears unwavering. The reason for the Government's attitude is believed to be that Mr. Hara has pledged himself to the militarists to find permanent resources to finance the so-called national defence, Osaka merchants are in no frame of mind to offer money for military enterprises. They are exceedingly anxious to have the country's business stabilized before anything else.
Tan Sisertax Forty.
The Nikolaievsk incident, which the Opposition is vigorously taking up, is regarded by the newspapers there as only an additional proof of the folly of the Government's Siberian Expedition. The Osaka newspapers recently held large public meetings, at which their special correspondents, who recently inspected the scenes of the disaster, delivered addresses Thousands of apio attended these meetings. ho newspapers here are. very indignant at the brutality of the Partisans but hold the Government chiefly responsible. The "Asahi," however, proposes the appointment of a special commission to carry out a thorough investigation along the lines of the Dardanelles and Mesopotamia inquiries—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.