JAPANESE FINANCES.
FOSTERING IMPROVEMENT. LARGE REVENUE INCREASE. Received January 22, 2.30 p.m. TOKIO, Jan. 21. In the Lower House M. Hamaguchi, Minister of Finance, outlined tho financial programme, which aimed at fostering a more vigorous financial improvement. Under the proposed tariff ad valorem duties would be mainly converted into specific duties. Necessaries would bo exempted or subjected to lower duties. It was anticipated that, under tliis revision, the revenue would bo increased by 7,500,000 yen in tho first year to 19,000,000 in tlio third year and afterwards. The figures had been prepared by experts, and the recovery of the yen showed that economic conditions were improving.—Reuter.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19260122.2.129
Bibliographic details
Manawatu Standard, Volume XLVI, Issue 45, 22 January 1926, Page 8
Word Count
106JAPANESE FINANCES. Manawatu Standard, Volume XLVI, Issue 45, 22 January 1926, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.