JAPANESE AFFAIRS

Gisborne Times, Volume LXIV, Issue 11011, 25 January 1926, Page 5

JAPANESE AFFAIRS

FOREIGN POLICY OUTLINED. REGRET AT AMERICA’S EXCLUSION LAW. NO WAR ANTICIPATED ON CHINO-RUSSIAN POSITION. (Received Jan. 23, 1.50 n.m.) TOKIO, Jan. 21. Mr. Shidehara, Foreign Minister, addressing the reconvened Diet stressed Japan's liberal attitude towards China and Russia. Referring to relations with the Soviet, lie declared that Jr pan would not seek the exclusive friendship of any nation. He found no evidence justifying any suspicion of Russia’s attitude in Northern Manchuria. Regarding America’s exclusion of Japanese, he said no useful purpose would be served by discussing it at the present juncture. His only desire wrs to make plain that the Japanese feeling of deep regret remained unchanged. Jt was not Japan’s policy to send emigrants to any country which would not welcome them. Her constant desire was to supply capital and labor to the undeveloped regions of the world, thereby promoting the welfare and prosperity not only of the emigrants and the Mother Country, but of the lands where the Japanese had established permanent homes. Replying to a question upon the Chino-Russian position, Mr. Shidehara said it was purely a matter between these countries, and was unlikely to culminate in hostilities. Japan was vigilantly watching in yew of possible developments requiring future action. —Sun.

FINANCIAL PROGRAMME., RIGOROUS ECONOMY STILL NECESSARY.

TOKIO, Jan. 21. In the Lower House, Mr. Hnmaguchi, Minister of Finance, outlined the financial programme which aimed at fostering a more rigorous economical and financial improvement. Under the proposed tariff revision advalorem duties would be mainly converted into specific duties. Necessaries would bo exempted or subjected to lower duties. It was anticipated that under this revision the recenue would be increased by seven and a-lialf million yen the first year to nineteen millions “in the third year and afterwards. The figures had been prepared by experts and the recovery of the yen showed that the economic conditions were improving.—A. and N.Z.C.A.