Admiral Mitsumasa Yonai, told news-
Paper correspondents yesterday that Japan deplored the present competition in naval armaments, but that she was prepared to hold pace with the other powers as she needed a powerful navy to preserve peace in the Far East.
Regarding his tour of western Japan, Admiral Yonai said he was highly satisfied with the progress made by the Japanese munition factories which had developed an enormous output and were now succeeding in turning out specialized machines and thus helping to make Japan independent of foreign machine import: Trans-Ocean.
Text read from the printed page and cleaned; old type leaves the occasional error.