ARMAMENT RACE
JAPAN’S NAVAL OUTLAY. SPEEDED UP TO COUNTER U.S.A. (Aus. & N.Z. Cable Assn.) (Received June 18 at 7 p.m.) TOKIO. June 17. I n response to the American naval plans, Japan has adopted a. four hundred and forty million yen naval replenishment plan. It is to be carried out in three years. Japan’s naval estimates next year are consequently expected to be slightly in excess of the present, and probably 410 million yon. The American aircraft carriers are regarded as a sueci::.l menace.
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Grey River Argus, 19 June 1933, Page 6
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84ARMAMENT RACE Grey River Argus, 19 June 1933, Page 6
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