NoC.D.N." Special Correspondent tu Japan Tokyo, Dec. 18.
HETHER Japan will be able, by herself, to finance her ambitious project of reconstructing China, in spite of all opposition is, of course, one of the paramount questions affecting the future of the Far East, This question was closely examined in a nation-wide radio broadcast address recently by Mr. one of Japan's greatest industrialists and business leaders. He is president of the Oii Paper Company (which practically is Japan's paper trust) and is an Imperial appointee to the House of Peers.
Mr. Fujihara is noted for his in" dependence of thought and action, but his views may be taken as generally, representative of those of Japan's economic world.
"Me. Fujihara's conclusions can be summarized as follow: accomplish the task china by means. Fesourees) and ability, pls her human, sirengtge that fe un:
neseed and be. ibaness find development-can: be achieved withe readbtatog. the, work of econatuctign borrowing a angie Ha, shoe Now the fact of the matter is that the economic strength of the Japanese nation, in which our people's capability for development and construction is so important a factor, is fuct at all unsound and unstable, Europeans and Americans, and the Chinese, seem to believe.
'Japan didn't suffer a financial breakdown asa result of her commitments in founding the state of }Manchoukuo, contrary to the perhaps wishful thinking indulged In in some' Jquarters abroad. The present conflict with China Is on a very much larger: scale, and yet the world should know that Japan, financially and economtcally, 1s as sound as before.
Japan has attained unqualified success in her development of Tal-wan and Chosen. This success is due tothe hard work of the Japanese people, and we are not in any way indebted for It to the financiers of Stinmenturste Denehty io "both Fans Hist Muah aye
Text read from the printed page and cleaned; old type leaves the occasional error.