The Archive · 1925

U.S. Immigration Issue

Burn Shidehara affirmed that further discussion with America over the immigration issue "would Rot serve any useful purpose." The important thing was that the Amer-Sean people should come to have correct understanding of the apanese people, and the Japanese Points of view. He deplored "impetuous moods and impassioned utterances" "as not conducing international understanding. He did not doubt that "the same love of Gustice that kindled Ameri dependence, would continue to in spire the minds of Americans," and he believed that the day would come when this fact would be fully demonstrated, ainicier, iv his Badge speech in the Finance!

the Diet to-day stated that a strict and. financial readjusttinued to be the policy of} the Government, He announced a rent of" Y.48,000,000 in the 1924 estimates, while the 1925 figures show 2 reduction of ¥.1,000000,, on the revised 3 of 1924, The new Budget is totalling. ¥.1,62,000,000. "He called attention to the steady decline of the yen exchange due to an excess of imports, which in 1924 amount-

¥.646,000,000 and since 1919 to ¥. 2,783,000,000.

For a remedy of the exchange Mr. Hamaguchi announced a release of specie reserves, as occasion demanded, with efforts to improve the, trade situation for which purpose various bills are being presented to the Diet—Reuter's Pacific Service.

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

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