Ingenious Theory that Government was Making Indirect!
Attack on Army and Navy Funds: Scheme Withdrawn Fuost Our Own deported—which means, in other words, that he damped into Shanghai This the is because Japanese think it a nuisance to have a forei er in gaol where he may need different treatment and where, owing to the ignorance of warders, physicians and other Tokyo, Oct. 20.
The Premier, Mr. Hamaguchi to-night formally announced with: Jdrawal of his decision to reduce the salaries of all Government officials earning above Yen 100 a month by 'a cut that would average 10 per cent, Although ne had turned a deaf ear to all expostulations, the Premier was yesterday prevailed upon by leaders of the Minseito party to do away with this cut, Targely because of the tremendous unpopularity which the Government's latest scheme for retrenchment met. Government employees bucked vigorously against the plan, while salaried employees all over the country, and in Formosa and 'Korea, were' also up in arms, metaphorically speaking, lest their employers, taking a leaf out of the Government's book, do likewise.
The main reasons that prompted the Government to embark on the salary reduction plan were to show an example of economy to the people by first pruning down the salar-fes of Government employees and thereby, through the purchasing power being lowered, bringing about a reduction in the cost of Jeommodities, Economists chaff at this latter contention but the Ministry, and especially Mr, Junnosuké Inouye, the Finance Minister, xeputed a8 one of Japan's best financiers and to whose initiative the scheme was due, insisted that, with less purchasing power, prices were bound to fall.
Text read from the printed page and cleaned; old type leaves the occasional error.