The Archive · 1940

Japanese Police Arre Alleged Profiteer

Cement Ca. Director Seized in Tokyo

Tokyo, Aug. 28.

Climaxing a series of lesser violations, the police today arrested Mr. Yonetaro Takiyama, year-old director and business m Asano Cement Compa òf illegal transactions, involving the transgression of officially pegged prices. Two other officials of the The police alleged the businessmen sold 600,000 bags of cement, valued at 1,000,000 yen, at a profit of 300,000 yen for them:

Arrests during the two of economic control have resulted in the police handling the amazing total of 480,000 cases.—United Press.

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

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