JAPANESE BUDGET
LARGER ARMY AND NAVY. ESTIMATES
INCREASE OF NATIONAL , , STRENGTH AIMED AT
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' Tokio, December 2S. 4 The Minister of Finance has announced that the Estimates will provide for an incomo of 1250 million yen ordinary, and 32,1 million yen extraordinary.. The expenditure is estimated at 1502 million yen. The Army Estimate totals 263 million yen, an increase of 50 million yen; and tho Navy expenditure will he i9S million yen, an increase of 52 million yen. Other items correspond closely with the last Budget.
The Minister in presenting tho figures to a caucus of the House of Peers, said that every effort had been made for frugality while Die greatest amounts possible within the financial scope of the State had been allowed for such enterprises as were deemed most essential for the development of the national power. The Premier, addressing a caucus of tho Lower House, said that in compiling the Budge-.! the Government's guiding policy had been to increase the national strength.—Reuter. fThe yen is nominally equivalent to 2s.]
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Dominion, Volume 14, Issue 80, 29 December 1920, Page 5
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174JAPANESE BUDGET Dominion, Volume 14, Issue 80, 29 December 1920, Page 5
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