Salt Lake Telegram | 1934-07-05 | Page 17 | Japan Has No Fears of U. S. and Britain

JAPAN HAS NO FEARS OF U U. U S S1 S. AND BRITAIN Nations Too Poor for War Declares Newspaper TOKIO TORIO UP The UP-The The United Stat States and Great Britain are too poor poor to engage engage en en- gage in a large scale war var the newspaper news news- paper saper Jiji said it had been told today by jy finance ministry accountants who had studied Americas America's and Britain's economic situations The newspaper did not mention war against Japan and the publication publication tion avoided carefully any effort to credit its information to Minister of Finance Takahashi Economic troubles of Britain and the United States will be taken into consideration when the next Japanese Japa Japa- n nese e national de defense ense budget ic Is draft draft- ed Jiji said The budget is expected to be the largest in Japan Japanese c h history to 1 The newspaper said it believed President Roosevelt's new deal program program pro pro- gram was a failure and that there were many sl signs ns the United States Slates government soon would be bank bank- rupt The Japanese defense group Jiji I Isaid said was worried unduly over ever American American American Amer Amer- ican and British defense programs Responsible officials of the finance ministry said Jiji's article was groundless and from beginning beginning beginning begin begin- ning to end even the portion men men- tinning finance ministry accountants