The Archive · 1940

Japan's Huge Budget Given Support

Political Parties Decide To Approve Measure

Tokyo, Feb. 20.

Political parties today agreed to vote in favour of the Y.10,360,000,000 budget bills when the House of representatives meets in a plenary session on Thursday.

While no amendments will be proposed, a rider enjoining the Government to pay full consideration to the relation between the supply and demand of commodities, with a view to checking inflation and stabilizing the livelihood of the nation, in putting the budget into effect, will be attached to the measure. After passage in the Lower Chamber the bill will be referred to the House of Peers.

Political parties held rallies of parliamentary members today as budgetary sub-committees in the House of Representatives yesterday had ended their task of examining the huge appropriations proposed by the Government.

Basing their attitude on the need of bringing the China conflict to a satisfactory conclusion, as well as in consideration of the grave situation now facing the nation all parties decided to approve the budgetary bills.

The budget bills are expected: to be approved by the House of Representatives on Thursday and they will be referred to the House of Peers Friday.

The Finance Minister, Mr. Yukio Sakurauchi, will address the House of Peers, explaining the Government's financial policy. The budget committee of the Upper House will hold a general meeting on the same day to start deliberations on budget bills.—Domei.

Text read from the printed page and cleaned; old type leaves the occasional error.

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