Tokyo, Mar. 9.
Further adverse economic repercussions of the Sino-Japanese war were revealed here today when a bill authorizing from 40 to 60 per cent, increase in the note issues of three major Japanese banks was submitted to the Diet by the Government.
The new bill would permit the Bank of Japan to increase its note issue from Y.1,700,000,000 to Y.2,200,- 000,000 and the note issue limits for the Bank of Korea and Bank of Formosa would be raised from Y.100,-
000,000, to Y.160,000000 and from Y.50,000,000 to ¥.80,000,000 respectively.
The bill provides that the law would be repealed within one year after the termination of the S
Japanese war. The bill was pr sented in the form of an amendment to the law governing the note issues of various banks.
Text read from the printed page and cleaned; old type leaves the occasional error.