RECONSTRUCTION IN JAPAN
1 MORATORIUM AND FINANCE The Japanese Admiral in bis speech at the Rotary Cluboon Thursday gave some interesting particulars of the Government’s actions and intentions in the work of rebuilding the cities destroyed by the recent earthquake. “A moratorium ims declared for a period of a month,” ho said. I By this action the finances, of Eastern Japan were given a stability that they might not have enjoyed otherwise. Tht Government helped the banks to the extent of £10,000,000, which was to be spent in assisting business people in reconstruction and the of loss- through the earthquake . Estimates were passed by tho Japanese Parliament, appropriating .£‘50,000,000 for the general work of reconstructing the country.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19240209.2.21
Bibliographic details
Dominion, Volume 18, Issue 117, 9 February 1924, Page 6
Word Count
117RECONSTRUCTION IN JAPAN Dominion, Volume 18, Issue 117, 9 February 1924, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. 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