numa, responding to an interpellation fas 10 how long it would take to build Up a new order in East Asia, asserted that, it was aiMeult. to predict the length of time required but remarked that Japan should be prepared to face long period of effort.
The foreign exchange rate of the yen will be maintained at 1s 2d. Mr. [Kozo Matsumura, parliamentary Vice-[Minister of Finance said.
Baron Ryoltsu Asida urged the signing of a generat alliance binding Japan, Germany and Italy.
While admitting the strefigthening lof the anti-Comintern Pact was desir fable, Baron Hiranuma said he did not feel that the stage had been reached determine how this would undertaken. Japan, the Prime Min. ister declared, would have to take the initiative in assuring the joint defence Jof Japan, Manchoukuo and China. Tt twas, he added, the policy of the Gov. Jernment to station Japanese troops at various importane points on the Con. Ninent for that purpose.
Extralerritoriatity in China Debated 'A new central government in China naturally would demand that other foreign Powers concerned follow suit If Japan renounced her extraterritoriality privileges in China and re-{turned her concessions, the Foreign Minister declared in answer to inter-
[pellations in the House of Representa tives today.
'Specie holdings abroad of the Na-Honalist regime were discussed in a budgetary" debate in' the Lower Chamber. Mr. Arita said definite Agures on the specie holdings of the Gen, Chiang Kaf-shek regime were not known although estimates ranged {from $500,000,000 to. $700,000,000.
Mr. Yadanji Nakajima, leading member of the Minseilo Party, recalled that Mr. Koki Hirota, former ind Gen. Gen Sugiyama, former War Minister, had tated in reply to interpellations in ity from China and would "station troops in China. Me, Nakajima asked whether the government's policy regarding these matters hed been Mr. Arita answered that the gov-Jernment intended to readjust Sino-Japanese relations with a new China fand that waiving of indemnity claims [was a natural result of changed cir-
Text read from the printed page and cleaned; old type leaves the occasional error.