Questions involving common British and Italian interests in Africa will be settled by two Anglo-Italian Committees which will be formed in the near future, it was.announced here today.
Egypt, it is understood, will be invited to take part in the deliberations of these committees, the task of which will be to establish definitely common Anglo-Italian frontiers in Africa, commercial relations between the Sudah and Italian East Africa, and the development of economic exchanges between the new Italian Empire and the British Empire—Havas.
Optimism regarding the financial outlook in Japan was expressed today by Mr. Toyotaro Yuki, Governor of the Bank of Japan, in a press interview on a train' bound for Osaka, where he will attend a meet-Japan. D ing with bankers from western
The credit situation, Mr. Yuki said, was favourable with the year-end likely to pass quietly with demand for funds decreasing except for those needed in the expansion of the nation's productive capacity. 4 Absorption of government bonds was so satisfactory that 93 per cent, of bonds issued tp to November of this year, totalling ¥.3,630,000,000, had been digested, he added.
The present low rate of interest would have to be maintained so io facilitate the issue of a large amount of government bonds and to secure an even supply of funds for. the expansion of the nation's productivity, according to Mr. Yuki.
Text read from the printed page and cleaned; old type leaves the occasional error.