The Archive · 1938

Optimism Over Japan's Trade Premature

Tokyo, Nov. 23.

Despite recent improvements in Japan's trade balance, optimism. regarding the future is. still un" warranted, the Finance Minister, Mr. Sethin Tkeda, warned here yesterday, Speaking at the inaugural meeting of the Japan Trade Council, the Finance Minister, who is concurrent ly Minister of Commerce and Indus try. pointed out that with the exception of her commercial relations with Manchoukuo and North China, which were in her favour, Japan" still bought more from abroad than she sold overseas, Baron Seinosuke Goh, president of the powerful Japan Economic Federation, also heads the new Council, which proposes to work out measures for expanding Japan's overseas com= merce, Mr. Hachiro Arita, the Foreign Minister, and other high Government officials also attended the inaugural meeting held yesterday.—Domel.

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

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