JAPANESE TROOPS
PROVISION OF FINANCE
INCREASED TAXES
(By Telegraph—Press Association—Copyright.) (Received January 4, 9 a.m.) TOKIO, January 2. The Minister of Finance, Mr. Ikeda, in a New Year statement, says the Government plans to issue further, national bonds valued at approximately £291,000,000 and also to make tax increases ' totalling £11,000,000 in order to cope with the demands of the war in China and other extraordinary expenditure.
In view of General Chiang Kaishek's antagonism having complicated the internationals situation ,in China, he said, Japan would be forced to redouble her efforts.
"It must be emphasised that even after the establishment of relations between China and Japan on the basis already outlined it will be useless to expect that a rapid reduction in Japan's burden of largescale renovation in East Asia can be achieved," he said. Japan's favourable trade balance in 1938 was £2,800,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19390104.2.75.1
Bibliographic details
Evening Post, Volume CXXVII, Issue 2, 4 January 1939, Page 9
Word Count
142JAPANESE TROOPS Evening Post, Volume CXXVII, Issue 2, 4 January 1939, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in