The Archive · 1938

Economy Control to Continue

Controlled economy in Japan will continue to be enforced even after the termination of the China conflict, Mr. Seihin Ikeda, Minister of Finance and concurrently Minister of s|Commerce and Industry, said here today.

Rumours that controlled economy would be relaxed following the capture of Hankow were denied by Mr. ikeda, who pointed out that no relaxation is likely even after the termination of the current hostilities.

On the contrary, he indicated controlled economy may possibly be further strengthened in Japan because of need to station troops in China to maintain peace and order the conclusion of the present conflict while national defences would have to be replenished against the Soviet Union.—Domei.

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

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