Ogden Standard-Examiner | 1920-04-26 | Page 6 | Jap Banks Withstand Financial Troubles

Jap Banks Withstand Financial Troubles WASHINGTON, April 26. A feeling feel-ing of optimism is developing in Japanese Jap-anese financial circles, according to advices from Japan received hero today to-day at the embassy. It was stated that the Japanese banks were not taken by surprlso by tho recent severe stringency of the market, having prepared pre-pared for tho crisis by shortening loans and otherwise protecting themselves. them-selves. These measures wore said to have operated effectively to put a stop to tho excessive speculation, which was declared to have been at the bottom bot-tom of tho financial crisis.