In celebration of touday's double event, the Japanese newspapers dra particular attention to Japan's meteoric rise {0 the position of a first-class Power, Among other things, they point out that Japan's greatness is evidenced by contrast Jof the Budget of 1868, which (oralled '¥,30,500,000, with that of 1998, which totals ¥.7,860,000,000—made up of the Jordinary Budget of ¥.2:860,000,000 and the "China Incident" Budget " of Editorials in the Japanese news papers emphasize that the nation must make fresh efforts for the enhancement of national prestige and to bring about stabilization of the situation in Bast Asia, To-day's celebrations In Tokyo! were conducted ashore, afloat and aloft, "Over 200,000 citizens, mostly' students and members of the Young. Men's and Young Women's associa tions, paraded through the streets and converged at the plaza in front of the Imperial Palace. Forty civilian aeroplanes visited Tokyo to take part' in the celebrations, while all" the ships in Tokyo Bay! and the Sumida River were in full dress.
At 10 o'clock this morning, all Japanese citizens in Tokyo stopped their work and, facing the Imperial Palace, paid a minute's silent tribute to the Emperor.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.