Kaya, said the Japanese Government will actively assist the newly established Peiping regime in replacing the banknotes in circulation with new currency and will give all. possible aid to the projected reserve bank which will be China's sole bank of issue. Thereafter, the Governments of Japan and China will seek to maintain parity between the Yen and the Yuan.
Taking his cue from Mr. Cordell Hull, the astute American Secretary of State, Mr. Shinji Yoshino, Minister of Commerce and Industry, announced that he would negotiate reciprocal trade agreements with the United States and Germany. With every market in the world enclosing itself within high barrier walls, Mr. Yoshino declared, Japan had no alternative to concluding barter agreements,
Text read from the printed page and cleaned; old type leaves the occasional error.