COST OF ARMAMENTS
JAPAN’S HEAVY DEMANDS. MINISTERS AT VARIANCE. LONDON, October 18. ' A pleasant comedy is being played in Japan writes the correspondent of the Manchester Guardian in that country. The Army and the Navy between them want £50,000,000, but every Government Department is also in equally urgent need of extra expenditure, and the Finance Minister is at his wits’ end in devising ways to find the money. The Finance Minister, Count Takahashi, sternly objects to (increasing the taxes, but the Defence Minister insists on tihem. Count' Tak)ihashl can borrow £63,500,000 in 1934 or 1935, but Admiral Osumi and General Araki, the Service Minister concerned are not content. General Araki has inspired the populace to such a pitch of patriotism that they might accept higher taxation as eagerly as they have already submitted, to lower interest. Courit Takahashi. inclines to letting Manchurian exploitation repay the loans which it has made necessary. Tile Navy will be satisfied 'with a contribution of £7,500,000 in thte next Budget. toward its programme. Chinese aircraft, with American fliers c rom ..Manila, haunt the Japanese imagination. '
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Hokitika Guardian, 30 October 1933, Page 8
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180COST OF ARMAMENTS Hokitika Guardian, 30 October 1933, Page 8
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