The Archive · 1939

Japan's Fixed Polley

Asked about the expansion of military operations In relation to the extraordinary military budget, Gen. Htagakt said it was ihe fixed policy of Japan to deal the Gen, Chiang Kalshele regime a "crushing blow." He declined to divulge plans for future military operations.

"Asked whether it was necessary to igesort. to diplomatic action' to pring pressure on the Chiang regime,' the War Minister expressed regret over the fact that Foreign Powers failed to understand the new situation East. Asia and instead persisted assisting the Chiang regime.

Questioned about. foreign pressure against exports of munitions to Tapan, he replied that the Japanese 'Army' did not suffer any dimieulty in purchasing necessary munitions Abroad oF in "prosecuting military operations owing 0 alleged pressure Against exports of munitions to Sapan, Vast New Bond Issues Japan will, issue bonds to the amount. of ¥.5,600,000000 during the coming fiscal year in addition '¥.11000,000,000 worth of bonds to be issued during the current fiscal year, an official of the Finance Ministry said in reply to a question by Mr. Kawashima, Japan issued bonds in the sum of '¥-4,100000,000 from the start of the present Macal year to February '¥'5,600,000,000 worth of these bonds wore floated "in. connection with extraordinary. military expenditures the. om cial said, "The government planned to issue bonds totalling ¥.60,000,000 finance military operations. Since the beginning of hostilities bond issues have amounted to ¥5,100,000,000, he declared.

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

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