Japanese Living In Fool's Paradise
Received Friday, 11.50 p.m. LONDON, April 15. Reuter's Toldo correspondent says Joseph Ilodge, Ecap's top economic policymaker, told the Japanese people today that the nation had been living far beyond its. means. Bharply rapping Japanese opposition to Sc.ap's austerity budget, Mr. Dodge reminded the people that they sufi'ored severe losse's eco nomically and territorially as a result of the war and the situation was aggra vated by a large net gain in population 3 very year. Despite this tliere seeraed to be aston isliingly lit.tle comprehension among the Japanese of the rcal situa tion of tlieir country. Nothing should have been expected as a result of the war but a long term of hardship and self-denial, but the nation had continuously been living beyond its means. 'Ohere had been a general disposition in the Japanese Government to aecede to anv demand to spend more and more and attempt to spend every source of income. . . ." -
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Chronicle (Levin), 16 April 1949, Page 2
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159Japanese Living In Fool's Paradise Chronicle (Levin), 16 April 1949, Page 2
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