Co-prosperity Ends In Economic Ruin
Rec. 11.30 p.m. London, Aug. 30. Information reaching India from southeast Asia, says the Delhi correspondent of the Times, indicates that the Japanese co-prosperity regime, far from the promised economic millenium, is synonymous with the most acute depression. This is not merely the aftermath to hostilities on the soil of southeast Asian countries but the result o t the fact that they are cut off from markets for raw materials, Japan is unable either to offer alternative markets or to provide transport to such limited markets as are available. Accordingly, products are piling up. The Philippinea sugar industry is doomed, the Burma rice industry is hard hit and millions of growers are facing ruin.
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Taranaki Daily News, 1 September 1942, Page 3
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119Co-prosperity Ends In Economic Ruin Taranaki Daily News, 1 September 1942, Page 3
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