The Archive · 1937

Urges Rapprochement

Tokyo, Jon, 27 The path to Sino-Japanese friendship ies through economic. rapprochement between the two countries, Geclared Mr, Toyotaro Yuki, yesterday in his inaugural speech as. the President of the Tokyo Chamber of Commerce and Industry. He. 1s the likeliest candidate for the Finance portfolio in the next Cabinet.

Mr. Yule succeeds Baron Seinosuke Goh who retired from active business life last year to give place to younger Current relations between Japan and Ching, he asserted, were at "3

'Amieable economic relations, provided the Key to settling International rivalries. prevailing Uhroughout the world and' eecnomie ce-operation be= tween Japan and Great Britain, he emphasized, was essential to. world eace, especially because of Britain's "economic power and moderate stand on economic issues.

Japan, he continued, must settle her trade problems in a spirit of mutual concession, He expressed sympathy with Mr. Koki Hirota'ss outgoing Cabinet over: the necessity of formulating a budget of unprecedented magnitude, but 'Warned the Government to take steps for the prevention of harmful effects such a budget would have on the nation's business: fe, 'The current. rise' in, commodity prices, caused by the threat of me creased taxes and the immense budget, could be checked by better distribution of goods, curtailment of commodity stocks on hand and a closer study of economic problem he' concluded—Domel. experience as a diplomatic ameer in Ching, Mr, Yakichiro Suma. former consul-general in Nanking, to-day counselled the continuation of Japan's present policy toward its neighbour.

We should go on without falter-ting until, we "attain our ultimate objective," he told reporters on board the s, Taiyo Maru on which he arrived from Shanghai. atr. Suma failed to mention what the aims he 'Aside from the progress in educa-on and in reconstruction projects, Twas struck most by the tige among the Chinese of the so-called 'Canton Spirit' But' lately this spirit has undergone a change. Tt is no longer consonant with the teachings of Dr. Sun Yatsen, who advocated Sino-'Japanese ce-operation for the estab: lishment of peace in the Far East, Mr, Suma remarked, hope, however, that China will soon realise her error and to the original Canton spirit"" he Tus "Bangkok Times" celebrated ite 50th anniversary in its issue dated January" 21937, with a well-illustrated supplement containing appropriate reminiscences of Old Bangkok and warm tributes to the Editor, Mr. W. H, Hundle, a Scotsman who i now in the 70th' year of his age and haa been in the chair for 40 years. "Among the congratulations Specially received by the paper was from the British Minister, and another from Mr. Hugh W. Dawson, the President of the British Institute of. Journalists, conveying the congratulations of the. journalists of Great Britain and Overseas to his fellow Scotsman. Sport of all kinds received full attention in this. excellent Jubilee Supplement and the paper and its Bditor congratula-ions go from their colleagues China.

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

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