Tokyo, Jan, 5.
High ranking Japanese army off-cers, headed by the War Minister, General Shunroku Hata, today reeched an "agreement of views" following lengthy discussion over the reported agreement between Mr. Wang Ching-wei and the Japanese officials in China on me policies of the pro-otod new Central Government in China under Mr. Wang's leadership, the War Office announced.
The decision reached at today's meeting, which lasted all morning and part of the afternoon, will be referred shortly to the China Affairs Board for final approval, the War Office said in the official statement.
The statement, however, failed to reveal any details of the agreement of views reached by the Army leaders.
Today's conference discussed the reports brought here personally by high representatives of Japanese authorities in China on the progress of plans for the establishment of the Wang Ching-wei regime.—United Press.
President Roosevelt's proposed budget for 1941 which was presented to the Senate yesterday would cut "pork barrel" spending, cut relief costs, and initiate new emergency national defence taxes to raise $460,000,000 for his defence programme, The President opposed taxes which would curtail consumer purchasing power and thereby directed specula-ion toward the possibility of increases in income, estate and inheritance taxes, The 1941 budget totals $8,422,000,000—a reduction of $65,000,000 under the Current year's estimated expenditures, The President forecast a Treasury revenue of $6,150,000,000—third highest on record—and budgeted for the Government's eleventh consecutive deficit. The President's message reported the highest production and consumption levels in history, but said that agriculture is still not getting its proper share of the national income.
Text read from the printed page and cleaned; old type leaves the occasional error.