Costs of rehabilitation following the recent hostilities in the Shange hai area caused the Japanese Resi" dents' Corporation to start trimming its budget for 1938, the Shanghai "United News" said yesterday.
Decreases in revenue accruing from taxes and outlays necessary for repairs to damaged school build+ ings and other structures made a policy of retrenchment advisable, ihe paper stated.
A survey of expenses entailed in the operation of schools, administra tive affairs, and the rehabilitation programme which has been undertaken, now is being carried out by the corporation under the direction of Mr. Mausaburo Amano, its Presi" dent; after it is completed a budget session of the directors of the core poration will be held in March,
Text read from the printed page and cleaned; old type leaves the occasional error.