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MILITANT JAPAN

HUGE OUTLAY ON WAR A TOTAL OF £432,000,000 PLANS FOR CHINESE CAMPAIGN Unit»d Preis Assn—Elec, Tel. Copyright (Received Feb. 18, 11.40 a.m.) TOKIO, Feb. 17 The Finance Ministry has fixed the Supplementary Army and Navy Budget at £282,000,000 according to the Asahl. The expenditure on the China campaign to March 31 is estimated at £149,000,000, and is calculated to be increased to £432,000,000 by March 31, 1939, being financed by bonds for £257,000,000, also by Increased taxation. The Times correspondent at Tokio ■says that with the addition of the Supplementary Budget the expenditure on the Chinese campaign exceeds the entire national debt in 1032. Only one third of the total has vet been raised. UNITED STATES SECTOR XO MORE JAPAXESE PATROLS OCCUPATION OF TOWNS United Press Assn.—Elec. Tel. Copyright (Received Feb. 18, 11 a.m.) SHANGHAI, Feb. 17 Negotiations have resulted in Japan agreeing not to send further patrols into the United States defence sector. With Chengchow as their objective the Japanese encircled Slnsiang, from which'town the Chinese are retreating westwards. The Japanese occupied Hweihsten, six miles north-west. CLAIM FOR £250,000 ITALY SEEKS COMPENSATION United Press Assn.—Elec. Tel. Copyright LONDON, Feb. 16. The Hongkong correspondent of the Daily Mail says Italy is claiming £250,000 as compensation from China for Italian nationals being ousted from a Xanchang factory and other enterprises.

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https://paperspast.natlib.govt.nz/newspapers/WT19380218.2.60

Bibliographic details

Waikato Times, Volume 122, Issue 20427, 18 February 1938, Page 7

Word Count
221

MILITANT JAPAN Waikato Times, Volume 122, Issue 20427, 18 February 1938, Page 7

MILITANT JAPAN Waikato Times, Volume 122, Issue 20427, 18 February 1938, Page 7