China's economic rehabilitation will be hastened in direct proportion to the return of peace and order in the 'Japanese-occupied areas, Mr. Seihin Ikeda, Minister of Finance and concurrently Minister of Commerce and Industry, told newspapermen here yesterday as he left for Osaka to attend a bankers' meeting there.
'Mr. Tkeda was optimistic regarding the currency situation in North China, where he said the strengthen ing of the Mengkiang and Federal Reserve banks, the former serving 'Mongolia and' Charhar, the latter North China, had made' money conditions easier.
The operations of the North China and Central China Development Companies, Mr. Ikeda declared, were already under way in various folds.
The Minister of Finance hinted at the possible conclusion of bilateral import and export equalizing treaties with nations supplying Japan with raw materials for her industries in order to promote her overseas trade, Exports, Mr. Ikeda declared, could be further increased if raw materials were more easily acquired.
Increases in the budget were also foreshadowed by Mr. Ikeda, who revealed that the military and naval services would submit additional appropriations for their extraordinary expenditures during the coming fiscal year up to January 20.
The budget, he added, would be submitted to the Diet by the begin-of February.
Text read from the printed page and cleaned; old type leaves the occasional error.