The Archive · 1940

US. Department of Commerce Statement Shows Ravages Caused by Conflict

Washington, Apr. 30. T= strain of the continuing war in China is weakening the economic structure of Japan, according to a survey of economic conditions in that country in 1939, issued by the Department of Commerce here.

Japan's pre-occupation with China overshadowed all other developments, says the report. It lists as obvious signs of a weakened economic structure a sharp increase in note circulation and a general trend towards inflation, increasing shortages of commodities, a decline in labour efficiency and a substantial increase in the

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

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