JAPAN'S RESOURCES
MINERALS AND RICE
FRESH PLAN SOUGHT
(Received December 28, 9 a.m.)
TOKIO, December 27,
Cabinet has been directed to make a revision of the material resources mobilisation plan for the last quarter of the fiscal year, which ends on March 31, to counteract the United States embargoes and the pressure on trade with the British Crown colonies. Japan requires an additional steel output, a new rice supply plan, intensive and extensive development of ore deposits to enable the elimination of dependence oil foreign scrap metal, and purchases of high-grade coal from China and Manuchukuo. The president of the planning board, Mr. Naoki Hoshino, stressed the importance of speeding up the installation .of ore processing machinery at existing blast furnaces. "Optimism," he said, "is unwarranted at the moment, when Japan is on the verge of the fifth year of the China affair and there are huge demands for steel for national defence and other purposes." The Diet has gone into recess until January 20.
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Bibliographic details
Evening Post, Volume CXXX, Issue 155, 28 December 1940, Page 8
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165JAPAN'S RESOURCES Evening Post, Volume CXXX, Issue 155, 28 December 1940, Page 8
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