Press translations [Japan]. Economic Series 0112, 1945-12-29.
Date29 December, 1945
translation numbereconomic-0552
call numberDS801 .S81
Persistent Identifier
ECONOMIC SERIES: 112
ITEM 1 Present Economic Condition in Japan-[illegible]inichi Shimbun-27 December 1945. Translator: Yasuie Kuruto.
Summary:
A repariate who returned from CHINA just two weeks ago after four years stay, told
us that he was astonished at the present
state of JAPAN in spite of its destruction. He was also surprised that the present
economic condition of JAPAN resembles that
of CHINA in the early part of 1943 when commodity prices there had risen to such an
extent that people paid the equivalent of
1,100 yen for a news paper, and 1,800 yen for an egg.
Japanese economy is now facing its greatest crisis owing to the nationwide distrust
of government policies, just as the
Chinese economy was hamstrung due to the utter lack of co-operation by the Chinese
people. In 1943, when commodity prices were
inflated and all industrial activities were paralyzed, owing to the Japanese block
made and drastic Japanese control over
commodity transportation the result was the total absence of all commodities.
However, the case is far worse in JAPAN at this moment than it was in CHINA two years
ago. JAPAN's industrial production, far
from being merely paralyzed is now on the verge of collapse, and any further holding-back
of commodities is impossible because
of the severe food shortage. As a result, speculation in all commodities is in full
swing. Despite such a desperate condition,
the Government still maintains its policy of putting price ceilings on rice and other
basic commodities. Nowever, such a
policy is apparently Impossible is as much as all other goods are flowing into a free
market. Therefore this policy is now
facing thorough sabotage on the part of the farmers in delivering rice crops, just
as in CHINA two years ago.
Although in JAPAN people have been helped along by their retirement of part-time
pay, this can not last beyond a limited
period now that production has stopped. Such being the case, it is apparent that so
Acrious a shortage of goods not only
hastens the circulation of paper money but also spurs the holding back of goods, thereby
causing more vicious inflation.
In CHINA, the same phenomenon had been witnessed during the early part of 1943, and
consequently a series of drastic steps had
been taken but failed to cure the inflation.
Now that paper money has considerably lost its value in JAPAN, barter prevails to
such an extent that farmers are hardly able
to get necessary communities unless they offer the farmers clothing to get rice. In
CHINA as long as there was a supply of
[illegible]as they were available in spite of the issuance of more
ECONOMIC SERIES: 112 (Continued)
ITEM 1 (Continued)
paper money However in JAPAN where no hope can be laid on further industrial production,
the situation is much worse. From
this stand point, more drastic measure are expected to be taken in order to banish
inflation.
At the same time, there is an urgent need for adopting a system similar to the payment
in kind system which was introduced by
the Japanese authorities in CHINA to surmount inflation. However, before such measures
are fut into effect, a great economic
reorganization with strong economic control as its basis must be carried out. On the
other hand, vicious people who are
careless of their country's post-war reconstruction must be weeded out. Thus, we will
stride forward to the construction of a
new JAPAN.
ITEM 2 Report of Raw Silk and Silk Goods in Stock-Nippon Sangyo Keizai Shimbun-27 December 1945. Translator: Kitagawa Torawo.
Summary:
In accordance with the Allied Headquarters directive, the Commerce and Industry Ministry
and the Agriculture and Forestry
Ministry issued an urgent Imperial Ordinance directing those engaging in production,
manufacture, or sale of raw silk, Chinese
silk (SAKUSANKI) or silk goods as well as producing or manufacting goods using rubber,
such as telegraph wire, balloons,
umbrellas, and rubber-coated goods, to report by 15 January 1940 on their stock of
raw silk, silk yarn, Chinese silk yarn and
silk goods as of 31 December 1945.
The report further says that all necessary step would be taken by both Allied forced
authorities and Japanese police to keep
the present status unchanged.
ITEM 3 Plans for Reduced Railway Servise-Saving of Coal and Rolling Stock-Nippon Sangyo Keizai-Shimbun-27 December 1945. Translator: S. Kinoshita.
Summary:
The Central Railway Transportation Commission (TATSUDO UNID CACO IINAKAI) held a
committee meeting on 20 December for the
first time since the end of the war, and decided on a commodities transportation plan
for the third quarter of the 1946 fiscal
year (January to March 1940). It is estimated that there will be about 23,003,000
tons of commodities to be transported during
this period. The expected transportation capacity for the period is extimated at 22,020,000
tons which is about 93 per cent of
the required capacity.
With the ending of the war one railway transportation capacity has become greater
than the actual shipments, and it is no
longer necessary to draw up any plans for preferential shipment of important goods.
But the deficiency of the railway
transportation capacity, due to the coal shortage has compelled the authorities to
work our such a plan. The outline of the
new plan is as follows: 1. Efforts will be made to secure transportation for coal
which is an essential requisite for
industry; 2. Transportation of requisites such as sample for a will be secured; 3.
Transportation of necessities, even such as
for a for unreasonably long distances will be restricted to save coal; 4. Transportation
of materials for industries which
will not resume [illegible]will be restricted; 5. Attention will be did to the transportation of fertilizer,
chemicals for agriculture and other [illegible]is urgently needed for promoting food production; 6. Measures
will be taken to ease confusion and inconvenience arising from the use of [illegible]cars for freight.
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ECONOMIC SERIES: 112 (Continued)
ITEM 3 (Continued)
The following table shows the expected transportation capacity and the required capacity
in every month of the period compared
with the total tonnage actually transported during the corresponding period of last
year.
REQUIRED TONNAG | EXPECTED CAPACITY | PER-CENTAGE | ACTUAL TONNAGE EAST YEAR | PER CENTAGE | |
January 1946 | 7,580,000 | 7,037,00 | 93 | 12,180,000 | 58 |
February 1946 | 7,350,000 | 6,770,00 | 92 | 10,910,000 | 62 |
March 1946 | 8,674,000 | 8,219,000 | 95 | 12,925,000 | 64 |
Total | 23,604,000 | 22,026,000 | 93 | 36,020,000 | 61 |
The above extimates are based on their first curtailment of transport service carried
out since the beginning of December. If
the present coal situation is not improved, the transportation of capacity will be
more greatly decreased than scheduled.
Moreover, the transportation schedule includes preferential shipment of 26 kinds of
important goods. The following table shows
the ratio between these goods and other to be transported:
IMPORTANT GOODS | OTHERS | |
January 1946 | 97 | 86 |
February 1946 | 98 | 84 |
March 1946 | 99 | 89 |
Total | 98 | 86 |
(To No units, or basis of figures given)
The following measures are being practiced by the railroad authorities to save coal
consumption:
- 1.Only expert engineer are employed to run trains. These engineers must report the amount of coal they consume.
- 2.The standards of coal consumption classified by railroad lines, class of train, and type of engine are worked out by chief engineers. The ability of engineers in judged according to this standard.
- 3.Special allowance is given to engineers according to the amount of coal they save.
- 4.Research in substitute fuels is encouraged.
- 5.Special attention in due to making up trains so that full traction capacity of engines may be utilized.
- 6.Engineers are urged to practice reasonable operation of trains to avoid wasting coal.
Careful attention is paid to keep engines in a satisfactory condition.
DISTRIBUTION "X"
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