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FACING HUGE DEFICIT

PUBLIC FINANCES OF JAPAN STRICTEST RETRENCHMENTS. AMERICAN, FLEET MOVEMENT MAY BE WELCOME STEP . (United Press Association— By Electric Telegrapn Copyright.) Received 11.15 a.m. to-day. TOE TO, Nov. 5. Notwithstanding strictest retrenchments the prospective Budget expenditure will be a billion yen above the revenue towards which bonds ot 41X),000 000 have already been floated. In the absence of Washington dispatches officials are not weighing the reasons for the return of the American fleet to the Atlantic, but as concentration in the Pacific provoked Japanese national sentiment it is now felt thatremoval would be a welcome step towards an amelioration of relations.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19331106.2.44

Bibliographic details

Hawera Star, Volume LIII, 6 November 1933, Page 5

Word Count
103

FACING HUGE DEFICIT Hawera Star, Volume LIII, 6 November 1933, Page 5

FACING HUGE DEFICIT Hawera Star, Volume LIII, 6 November 1933, Page 5

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