Japan's naval replenishment programmes date back to 1930 when the First Naval Replenishment Programme was drawn' up following the ratification of the London Naval Treaty. It called, for an expenditure of Y312000,000 over three years, but The was not actually completed until 1936. It called for four Cruisers of 8,500 tons each, one aircraft carrier of 7,100 tons, twelve destroyers, nine submarines, one submarine tender, thirteen small vessels such as gunboats eic. and fourteen aircraft squadrons.
In January 1933, former Navy Minister, Admiral Osumi, brought a Second Naval Replenishment Programme before the Diet which was io be completed by the end of 1936. As originally outlined, this made provision for one aircraft carrier of 8,000 tons, one cruiser of 8,500 tons, seven destroyers, six submarines, one mine-layer, eight torpedo boats and submarine chasers and five aircraft squadrons.
Text read from the printed page and cleaned; old type leaves the occasional error.