Tokyo, July 30.
Responding to the Government's war-time campaign to encourage savings, the people of Japan are setting new records for thrift, it was shown today by figures released by the Savings Encouragement Bureau of the Ministry of Finance.
The nation's savings for the first six months of this year amounted to 73.1,542,063,000, of which Y.297,018,000 was in postal savings, Y.191,940.000 in bank deposits and Y.53,105,000 in trust deposits, If ¥.20,000,000 worth of savings bonds and Y.173980000 worth of "patriotic bonds" are added, the total savings for the first six months of this year amount to more than double the amount for the corresponding period of last year.
The goal of total savings for this year is set at Y.3,000,000,000 and the Tesults so far achieved are so satisfactory that it is likely to be reached without difficulty.—Domei.
London, July 30.
The ability of Western Powers to play any effective part in China would depend primarily upon a relaxation of tension in Europe, declared Sir Frederick Whyte. formerly Political Adviser to the Chinese Government, speaking at the Liberal Summer School at Oxford last evening.
Great Britain, he said, might have done more to protect her own interests and assist the Chinese, but British intervention on a large scale was not to be expected.
Nor. as long as the American people remained in their present isolationist mood, was it likely that the United States would intervene effectively.
"A time will certainly come," Sir Frederick Whyte asserted, "when both Great Britain and America will have a definite fort to play. What the two Governments must make sure of is that the financial resources of London and New York are not e ployed to assist Japan out of her difficulties without definite political undertakings, which would guarantee both Chinese and Anglo-American interests."—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.