"GRAVER CONFLICT MAY ARISE"
Japanese Delensive Economic System tighteninct of belts (Eeceived 29, 9.15 a.m.) TOKEOj Sept. 28. In a national broadcast, Mr. Yoshino, nnder whose control Ihe organisatiott ,of Japanese industry on a war basis has been placed," said that Japan was confronted first with a ttatiottal etttergeflcy attd that an everi graver con* flict niight arisfe, isolating Japan economically. Secondly, he said, there was har dly a country in the world which was giadly admitting dapanese goods; therefore, it was ioiperative to tighten their belts, economise and earry Out fully their new defensive eeonOmic system, whieh it might be necessary to continue indefinitely, "We must employ td the utmost substitutes fdr major imports, whifch 1 intend to apply particttlarly to wool and cotton, and inereaSe ottf indtisttial production and expand the production of war munitions. ' ' _he added.
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Hawke's Bay Herald-Tribune, Volume 81, Issue 5, 29 September 1937, Page 5
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139"GRAVER CONFLICT MAY ARISE" Hawke's Bay Herald-Tribune, Volume 81, Issue 5, 29 September 1937, Page 5
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