Its Problems Grave, Policies Vague and Finances Burden on the Nation acorn m1 Saran Nobody in Japan, including the Premier himself, is entirely satisfied with the newly created Hayashi Government; nobody in Japan, in view of the disturbance at home and unease in foreign relations, Is. sufldently dissatisfied to set about a tively to wreck it, Lat it be added that nobody ex-peels it to endure tong, and that no one expects it to accomplish much other than to sooth the bitterness that has grown so acute since.the signature of the. German-Japanese Anti-Comintern Agreement on. November 25 last, that was gravely. aggravated "by the violent Diet session of January 21 and the subsequent blocking by the Army of General Kazunari Ugak's attempts to form a Ministry, and to ward off adjust slightly the economic menace raised by the outgoing Hirota Cabinet at the dictate of the defence services with their peculiar. blindness to economic facts and even the trend of public opinion which te unmistakable to all others.
War and Navy Portfolios, The new Premier is a retired general of the Japanese Army and not a single member of his. oMelal family isa party: member. "The 1 presentatives of the Minseito and the Seiyukai, one each, who were asked {to serve' in the present Government refused flatly when the price demanded was the complete severance of their party ties. The small minority party of the Showakai did furnish Premier Hayashi with a Minister of Ageloulture and Forestry, who Immediately quit the party. Both the Army and the Navy forced their own candidates on the Premier for the important War and Navy portfolios when ho had expressed preference for other affeers, but the curious paradox was afforded of the officers in active service insisting upon more moderate Ministers than the Premier himself, who is conceded to be in the, moderate "camp within Army claret By far the most important individual in the new Government Is the Minister of Finance, Mr. Toyotaro Yuki, who is universally acclaimed cly Japanese Ananclal and industrial circles. Tt is round his changes. the drastic ancial, budget and tax reform programme of his predecessor that chief Interest centres to-day.
The political parties are. jubilant! at the outcome "of the dangerous crisis that has prevailed "for more than a week. The parties andthe parliamentary form of government certainly have not won the victory in that they are in a subordinate and. the Army in a dominant position in the now Government. Nevertheless, view of the alternative which they. faced they And ample cause for re-
Text read from the printed page and cleaned; old type leaves the occasional error.