The Archive · 1941

RIB, Pleased at Stand

Batavia, June 9.

'The N.EJ. public has awaited with great interest the final answer of the Netherlands Govetnment regarding the Japanese trade negotiations, and {twas noted with satisfaction' that the" same attitude, which always marked their willingness for, reach~ Ing an agreement without tolerating any poliucal interference, was main" tained.

tension and no anxiety was noticeable in the newspaper" com= ments ju Batavia, Bandoeng and Sourabaya, which exactly reflect the general opinion.

The NEI. are now looking forward to further developments trusting the Japanese government will be capable of understanding the Dutch attitude, 3 More Funds for Defence The Netherlands East Indies Budget for 1942, which will sharily be introduced to the People's Council, is now ready, and it is learnt that the Diguost credits will go to N.E. defences, fi cluding strengthening of the civil front.

Although a deficit must be expected no sweeping measures are said to be likely, The Government does not in~ tend further, to increase the already high direct taxes. but some indirect taxation may be raised, The question whether a Joan can be issued depends largely on N.EL. exports, especially of rubber and. tin. Financial experts believe that NEL exports will decrease, although nothing. is certain. in this connection Reuter, Japanese Delegation Bangkok, June 7.

Sirlet secrecy Is being observed in Japanese quarters here regarding the presence In Bangkok of a Japanese Selegation of four members, headed by Mr. One, former under-secretary the Japanese Ministry of Finance It lo believed that, the delegation will conduct informal inquiries tu Fegard to ways and means of promoting fade relations between Japan

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

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