Ogden Daily Standard | 1908-08-29 | Page 1 | Japan in Need of Money

J A P A LD JL L tk y MO I 1 L 4 fair postponed and big cut made in naval expenditures tokio aug 29 the governments financial policy decided upon by the cabinet yesterday involves the curtailment tail tall ment of expenditures by of which thirty per cent will be from the army budget and ten per cent from that of the navy the postponement of df the intogna international exposition premier katsura says ays Is not purely due to financial leagons lea sons but is owing to the tact fact that he hc work of preparation has been in s and it will be quite imps tonii ako a creditable exposition continued ou page fave alve JAPAN IN NEED OF MONEY continued f from rom page one within three thre e byear years on an appropriation of therefore as the appropriation would be in necessary liec essary app consistent atti wit the economical plans of the cabinet tor for the next alve years it Is wiser for the government to admit that fact than to fall in malting making a complete success of the exposition chich it has been decided will be hold held in 1917 the anniversary of the accession of ho emperor in this manner japan admits her financial stringency hut but insists on OEL t the ic utmost economy and depends on oil foreign countries accepting the situation as an act of wise economy on oil the part of of the e nation