Salt Lake Telegram | 1926-03-13 | Page 1 | Jap Financier Doubts Revival

JAP FINANCIER DOUBTS REVIVAL REV TOK TOKIO O March 1 Correspondence AP AP Japan Japan Is not yet ready to announce a a. general revival of business business business busi busi- ness on a permanent basis Otohiko Ichiki governor g of ot the Bank ot or Japan said in an address at the banquet of ot the Tokio clearing house bank banks The tru true conditions at present obtaining In the financial world convince us that the way for business business busi busl ness riess expansion on an enduring basis has yet not been paved declared declared de de- de- de dared Mr Ichiki The banking as as' as aswell well as the business situation still rev reveal al many symptoms which show that things there mere are not back to normal Commodity prices and cost of labor have not ot experienced any appreciable decline and with the Exception of a few tew most commercial corn com om mercial and Industrial enterprises enterprises' e eare are not resting on a stable basis The remarkable record of ot bill bili clearings during last year Is nol not Indicative of any trade expansion as that thae development was largel brought about oy Influences other than trade activity This and other othe factors would lead us to believe that undue optimism at this juncture would be most premature