DIRECTORS RESIGN
JAPANESE IRON INDUSTRY. SEQUEL TO IMPOSITION OF EMBARGOES. (By Telegraph—Press Association—Copyright) TOKIO, December 7. All the directors of Japan Ironworks, the largest firm in the country, have resigned as a result of the Australian and United States embargo on the export of scrap iron to Japan. The chairman, Mr. Hachishaburo Hirao, said that in view of the embargoes, the iron industry must be reorganised “in order to cope with the new Situation.” “A self-sufficiency iron policy must be formulated for Japan, Manchukuo and China,” he said. The Emperor has installed Mr. Kumataro Honda, formerly Ambassador to Germany and Turkey, as Ambassador to Nanking, succeeding General Abe.
It is learned that Admiral Nomura, the new Ambassador to the United States, is planning a visit to China before going to Washington, presumably to obtain first-hand information iii order to make effective endeavours at Washington. He is scheduled to leave for the United States on December 28, but the China trip may delay him until late in January. His exact itinerary in China has not been announced.
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Wairarapa Times-Age, 9 December 1940, Page 9
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176DIRECTORS RESIGN Wairarapa Times-Age, 9 December 1940, Page 9
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