After separate confer political parties of the Lower House have decided to approve on Saturday. Without amendment, the Budget bills for the coming financial year the new Budget totals Y 2,867,796, 000.
The total of the special "China Incident" Budget, which will be pre sented to the Diet shortly, has still not been officially revealed, although unofficially it is timated at 1Y.5,000,000,000 intended apparently to Cover the whole of the military and havel operations in China for the coming financial year and in expectafion of warfare over a long period To obtain this money, the Finance Ministry is said to be counting largely on public bond issues, "but to equalize the distribution of profits, taxation will be increased."
Since the hostilities in Eh started last July, Japan has appropriated approximately Y.2500000000 for military operations. This amount will be exhausted by the end of the current financial year on March 31.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.