Financial circles today expressed' satisfaction over the appointment of Mr. Theda. Tt is. generally expected that he will be able to bring about} the materialization of plans for firmer economic policy and stronger control of foreign trade.
Recenstruction of the Cabinet injected bullish sentiment "into the Cabinet on War Footing Analyzing the success of Prince] Konoye in reconstructing the Cabinet, which is now placed on a war footing long the lines of national mobilization, as pointed out by the "Nichi Nichi Shimbun," the "Hochi" and Jother newspapers, the *Yomiuri Shimbun" states that Prince Konoye had been preparing the reconstruction of the Cabinet since last April, When he was confined to his home owing 10. indisposition. Prince Konoye planned to announce the reconstruction after the capture of Hsuchowfu.
Tt is well known, the paper adds, that Mr, Seihin Ikeda. declined the offer of the Portfolio of Finance last year when Prince Konoye partially Feeonstructed the Cabinet by substituting Marquis Kiochi Kido for Mr. Eiji Yasul as Minister of Bauen-'The "Yomiuri Shimbun" thinks that the choice of Mr. Ikeda as Min-{ster of Finance, and concurrently Minister of Commerce and Industry, suggests Prince Konoye's intention of organizing a new Ministry of Economy for unifying the economic and' financial administration:
The journal prediets that Mr. Tkeda and Gen, Ugaki wilt be helpful in effecting a close liaison between the Cabinet and Imperial Headquarters.
Gen, Araki has been one of Prince Konoye's "Brain Trust," the journal continues, but the Premier's success in enlisting the services of Gen, Araki in the new cabinet will fur-
Text read from the printed page and cleaned; old type leaves the occasional error.