Tokyo, Jan. 8.
The Government will ask the Diet to appropriate between Y.4,000,000,000 and ¥.5,000,000,000 to cover the cost of hostilities in China for a year beginning April 1 next, Domei learned to-day.
'A small part of this amount will be covered by increased and new taxation, while the remainder will be obtained through large-scale borrowing. The Treasury has already decided to transfer Y.97,000,000 from special to ordinary accounts to cover rar} of the needed funds.
Of this amount, Y.40,000,000 will be supplied by State ways and y.35,400,000 by the governing organs of Korea, Formosa, Kwantung, South Saghalien and the South Seas Islands.—Domei.
Text read from the printed page and cleaned; old type leaves the occasional error.