VARIOUS NEWS.

Hawera & Normanby Star, Volume XLVIII, Issue 8106, 8 October 1904, Page 2

VARIOUS NEWS.

•JAPANESE STATESMAN BPEAKS.

THE FINANCIAL ASPECT OF THE

LONDON, October 7. Count Okuma, formerly Minister for Foreign Affairs, in an address at Tokio, <aid it was impossible to foretell the duraton of the war. He predicted * two years' war. The cost to Japan would be about two thousand million yen (£20,000,000), and to Russia three or four thousand million roubles (£26,000,000). Russia had reached the limit of her borrowing and taxation, while Japan 1905 would borrow five hundred million yen if she could secure a hundred and fifty million abroad. The country must face the depreciation of its securities. Count Okuma urged the nation to husband its resources. He had the fullest confidence in the ultimate victory of the Japanese arms.

(Received October 8, 0 a.m.) LONDON, October ?.

Japanese are bringing enormous cup» plies for the Liaoyang winter campaign. The soldiers stand the cold splendwy. Serious damage to several battfeshipe** engines further delays the departure o£ the Baltic fleet.

Japanese destroyers patrol the routeTientsin to Chefoo to intercept suspected French blockade runners to Port Arthur-*

German ships report that it is easy to elude Japanese vigilance Vladivostok.