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ECONOMY IN JAPAN.

NAVAL BUDGET CUT DOAVN. OTHER APPROPRIATIONS TO BE REDUCED. New York, Nov. 12. The Chicago “Tribune’s” Tokio correspondent says: Due to the need of drastic economies as the result of the earthquake, the Naval Ministry voluntarily reduced its budget by sixty million yen and accepted a special appropriation of 105 million and an ordinary appropriation of 117 million. Orders for the construction of a first-class cruiser have been cancelled and it is understood the cancellation of other contracts will probably occur. Other Governmental Departments expect their appropriations tb be stringently reduced.—(A. and N.Z.)

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBTRIB19231114.2.75

Bibliographic details

Hawke's Bay Tribune, Volume XIII, Issue 282, 14 November 1923, Page 7

Word Count
96

ECONOMY IN JAPAN. Hawke's Bay Tribune, Volume XIII, Issue 282, 14 November 1923, Page 7

ECONOMY IN JAPAN. Hawke's Bay Tribune, Volume XIII, Issue 282, 14 November 1923, Page 7

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