Tokyo, Jan. 29, This morning's papers unanimous.
deplore Count Kato's death, pa7- ang high tribute to his qualities, Most of the papers consider thut the Kenseikai Ministry should remain, as an early stabilization of the political situation outweighs all other considerations, At Mr, Wakatsuki's first Cabinet meeting, how to deal with the Diet Was discussed, when it was decided to follow the principles and policy adopted by the preceding Cabinet.
Financial circles are satisfied with the formation of the new Cabined, which they consider as "an extension of the Kenseikai's Ministry. They hope that the new Cabinet will follow a policy of financial retrenchment, so that the consolidation of financial affairs may be completed. In thi connexion Mr.
Director of the Bank, points to the improvement in Japanese exchange, to a large extent the result of the Government's Policy of financial retrenchment, and says there can be no doubt that if this policy is continued, the wounds the country has received financially in the past will be heal-
Text read from the printed page and cleaned; old type leaves the occasional error.