Tokyo, Jan. 20.
Japan is preparing to meet a complete American embargo against Japanese silk through " legislation which will be Introduced in the pre-tent session of the Diet, Viscount Tadaaisu Ishiguro, Minister of Agriculture and Forestry, told the plen~ gry session of the Budget Committee inthe Lower House this morning.
In replying to interpellation by Mr. Kojiro Teutsumi, former leading member of the now defunct Minseito Party, Viscount Ashiguro outlined a programme, whereby any possible complete stoppage éf silk exports could be counteracted.
"Under the scheme, forty per cent. of the annual cocoon production would be consumed as silk domestic cally while fifty per cent. would be diverted for use a5 shor! bers for industrial Use—Domel.
Text read from the printed page and cleaned; old type leaves the occasional error.