Show I I I I v vI TAKEN I Of JAPAN Y Capitalist d Sees Economic I I I I V L Crisis Ahead ti y TOKIO March 3 Muto ruto r dent d nt ot he S Spinning tomi tom tom- comi i i ti pany Rany ka kalis 1 in lis an Ia article sc contributed c contributed n lo d to the Osaka Asahi Asa draws s a gloomy picture 1 t i tt 7 4 or of C the future of Japans Japan's economic life lite 1 I Japan ary Is the dst third i country In t the world as regards the dhe d density of o v f lation says Mr Muto and nd since herS her er S population Is Increasing at an annual r rate te of ot something like the theM I M country Is more and more becoming V dependent on foreign countries for the supply of foodstuffs r 4 As all the possible outlets for her hen I I surplus population have been closed It I will will be necessary s for Japan to closed d develop I sec h lO 5 5 industries us I so that money with which I I Ito I to buy rood food may be obtained But I Ii I i Japan Japan is lacking In raw materials the i I II I I cost t of fuel e is high and in addition fg f the rising cost of production o tl tends to to I 1 I y retard the growth of Industries and the j development of export trade Taking 10 M the Index figure for prices and I I wages in 1900 OO these figures now are 26 i and j I 1 S n The ea remarkable al rise l in prices as noted above Is due Mr Muro r said to i the heavy burden of taxation adoption n t o ofa o a l protective policy inflation atlon of curr curn cur- cur I i 1 frency r ncy nc rising wages and Increase of y consumption In II recent years wages i a a have made a tremendous advance but x S th the efficiency of workers has been r ta falling in Inverse proportion while white the he I t consumption of commodities especially I articles of ot luxury has been beeh Increasing i at a a. remarkable r rate te In other words the consuming classes have been stead- stead r rUy r ily Increasing but the producing ng classes es are declining Herein lies an economic crisis that f Ms ris Impending Unless the people are ri dU awakened to this Important o fact and strive to ameliorate the existing state of of affairs Japan will be plunged Into a a very grave rave crisis crisis' |