The Archive · 1941

Tokyo Professor Cleared

Tokyo, Jan, 6 Judge, Hirotske Konak wil preside at the Append Gourt tral of Proc fessor Eiliro Kawa, aged 93, who hes teen cleared of charges of Violating the mableton the vert ce October 7, it was anounced. "Brot ook. Disriet Cou

{eso Konia, who has been sapere aught economies at the "Toles perial University.—Domel, Is Sound Tokyo, Jan, The contention that Japan is econ-comically weak was strongly refuted by Mr. Isao Kawada. Finance Minis ter, inn special New Year's stalement to the press in which he sted that Japan was "able to stomach" a ¥.6,800,000,000 general account budget for the forthcoming tascal year although present estimates represent an increase of ¥.700.000,000 over the budget for the current fiscal year.

'Mr, Kawada pointed out, however, that the {otal budget wilt' be considerably Increased when the extra ordinary military budget and the Special account budget, the estimates fof which have not yet been completed, are presented to the current Session of the Diet for approval, 'The next fiscal year's budget, the Finance Minister explained in' his statement, covers expenditures which are imperative to the establishment of a highly-developed state of defence. Japan's exports, he pointed out, will continue {o improve to some extent during 1941, With reference 10 the consumption fof Japanese government bonds, Mr. Kawada declared that bonds issued since the beginning of the Sino~ apanese hostilities (o cover military expenditures aggregated ¥.17,270,000.- (000,. of which ¥13,990,000(000, or 1 per cent. had been bought up by the public—Domel.

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

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