Tokyo, Dec. 20.
"Agreement has been reached by Joficiats of the Finance Ministry and jthe Bank of Japan to expand the securities reserve limit for note issues to ¥.2,700.000.000 from the present figure of ¥.2,700.000,000 by revising the necessary regulations, the—"Hochi [Shimbun" reported today.
The daily stated that the Finance istry will submit a government bill providing for the expansion of the securities reserve limit to the forthcoming session of the Diet.
At present the Bank of Japan is permitted {0 issue notes to the extent, Jof ¥.2,200,000,000 on the basis of a specie reserve of Y.500.000,000 and a security reserve amounting to ¥1,700,-
Japanese Protest Borneo Action Tokyo, Dec. 23.
A categorical protest Is' being contemplated by the Foreign Office in connection with reported acts of "oppression" and restriction against Japanere fishing and farming operations in British North Borneo, Dome! was informed in semi-official quarters today.
British authorities in North Borneo} were reported to be imposing "unwarranted restrictions" on Japanese on the grounds that the north-western part of the British colony is of no value to the Japanese and that the quality of the soil in the north-west 18 unsuitable' for farming.
Japanese will not be allowed to enter the north-western areas North Borneo if the Colonial Government confirms a decision of the board of directors of the North; Borneo Company in London on Tues. day, it was reported.
The company authorities ruled that Japanese will be prohibited: from engaging in fshing or farming] tuctivities, leasing or owning land in north-west Borneo, the report said. {twas anticipated ' that the colony authorities would support the decision, Japan's vested rights in eastern Borneo will be recognized, according to the report. Eight hundred Japanese reside in the north-western coastal regions of Borneo—Domel.
Text read from the printed page and cleaned; old type leaves the occasional error.