Public Disapproval Seen As Having Effect New York, May 25.
Popular disapproval ' has comjpelied the Japanese Army to cone sider moderating its demands, it was asserted to-day by the "Far Exstern Survey" in an article written by Miss Ellaabeth Moody.
The Army's enormous expenditures, the article said, coupled with the attempts to dominate the Government, has aroused such strong. disapproval among the—Japanese people that the Army is now under~ stood to be considering a modifica ton of fis demands to revive its prestige and stave off responsibility. for possible inflation.
Analyzing repercussions of the Woliticat "situation on yen ex= change, Miss Moody asserted that the Minister of Finance, Mr. Toyotaro Yuki, had already" restored" much confidence.
"Japan's trade outlook is the most.
waurable of any time since 1936.
he outlook for the yen Is more encouraging than it was six months ago. However much the Army may want to emphasize national defence, cannot obtain what it wants with: cut the ce-operation of financial and industrial interests."—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.