The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-01-30
JAPAN IS GROANING
UNDER IMMENSE
WAR DEBT
Heavy Taxation of People to
Meet Interest on Billion
Dollars Causes Economic
Depression; Famine Acute.

ASsseiated Press CorrcsI. Jndcnt.D
Toxic. Jan. 30.-rcEpite official
utterances to Ieassure the public.
Japan Is declared IN other quarters
Co. DE suffering from an economic
depression. In the northeastern
section u famine has made the sit
untion particularly acute. In some
tasys srhoais have hWd to close be
cause there WAS no money 10 pay
the teachers u because the chill
dren weak from lack Of food. were
unable Go attend The Hokkaido
gayernmcnt has asked the central
TO advance S~ib,000.00o
tor relief funds.
The chief cause Of the general de-
ursssion. which began about the time
81 the death Of Emperor Mutsuhito,
10 the heavy taxation OF the people
which Is necessary 10 pay the In
tercst on the national debt among
the people AZ the close Of The victor
ious war with Russia and a patriotic
business boom also caused a gener-
M rise in the standard OF living and
the price Of commodities SCARED AS
a result of the more luxurious level
81 expenditure. Then came reac-
linn. This wal due 60 the burden
81 extraordinary taxes to meet the
war debit and constant expenditures
i'm the building up of "a big army 10
navy
The government. however, Is at
tacking the problem herOically by
mailing heavy rctrenchmcnts Much
Go tho dissatisfaction az the army, u
has heon decided ia abandon for the
present az least. lhc long standing
%uroposal 90 crrnto two more military
divisions.
Baron T%aknhnshi, the minister ~
finance. promises a reduction OF
taxes Co tighten the burdens 81 the
peoplc. Tie win eudcavor to con-
tlnuc the practice 81 redecming the
national debt by S2b, U00. OOO yearly
he looks forward also to nm Increase
M the amount OF capital Invested I'm
The establishment or expansion 81
banking and industrial enterprises.
Costly harbor improvements may he
DELAYED but the authorities ar" ac-
lively planning to build a new water
works system in the city Of Toxic
aud construct q sewage system OF
Whirh the metropolis stands hadly IN
need In the interest of puhic health.
Fet these improvements loans VIII
prohabl, soon bc sought IN Europe.
Bnt u is hy increasing her export
trade that Japan hopes 10 lind rea'
teliof Continuous order In china
whore revolution upset the market
ror Iapnnese goods and the opening
az tho Panama canal are greatly de-
r,rod rs furnishing means for aug
wcntiug the exports ana thereby re-
ducing the balance Of trade which
now stands against Japan
Ever, body b. also looking forward
eagcrIy 90 the coronation OF the new
emperor next fail as signaiizing
bright prospects by the increased de-
mRnd Tor labor and putting a large
amount ~ money mi circulation
The Japancse business men Wht
visited he United states four years
aEo have decided upon a campaign
Tor closer understanding hctweer
the two countries AT a recent 70.
union. upon the anniversary ct th'
party'a return after a lour months
stay In America. resolutions were
adopted asking friends in Americs
TO MnnANA ~ ANAAN'AA ~ D"
"a friendship between Japan and th'
United states. u WAS decided ma
members 81 the party should sen
personal letters 90 their American
acqualntnnces seeking their aid u
this rauFe.
This 10 hut one ~ many Indication
81 Iapan's earnest desire To De On
dersfoud by the United States as
nrst-ciass power and 10 bring a.
end to thc movements Ia the Unite
states which hit the Japanese.
It would be- a mistake, however
10 believe nat japan Intends I
drnp the California and questiono
the CONTRARY, there b. every indica
lion that she win stick tenaciousl
10 her original position This poiu
of view wa voiced hy Buci Nakans
president 81 the Toxic chamber q
while welcoming a part
ri Japanese tourists from sacrameu
"a. tle said u was n source ~ dec
regret that she land question remain
Cd unsettled. despite the united an
asslduous efforts Of both Inc Japan
oEe government and the Japanes
Ieople for Il speedy solution.
would require further effort and IN
japanese AZ homo were fully prepar
81 a. strive a. the last Tor "a funda