Press translations [Japan]. Economic Series 0195, 1946-01-23.
Date23 January, 1946
translation numbereconomic-0897
call numberDS801 .S81
Persistent Identifier
ECONOMIC SERIES: 195
ITEM 1 NAGANO-Ken Advance in Salt - Provincial Paper Shinano Mainichi (Shinano) - 19 Jan 46. Translator: R. Shibata.
Summary:
The NAGANO prefectural authorities have been preparing plans for the establishment
of salt-making plants, at an estimated cost
of 3,000, 000 yen, in order to meet some of the demand for salt. At the end of last
year, the authorities bought 3,500 tsubo
of land at OTSUKA Mura in AICHI-Ken. The land faces ATSUMI Bay and is near the GOTU
Station on the TOKAIDO Line. The ceremony
of clearing a building site has been already performed. The construction will be started
shortly. Not only plants of
high-pressure filtering and crystalizing are being planned, but also warehouses and
boarding houses. Electric equipment and
other materials for construction have already been sent to the spot. As to the method
of salt making, two elcctri[illegible]methods, high pressure and low pressure, will be employed there. This joint use of
two methods is
called a new attempt.
The prefectural authorities are planning a production of 3,000 tons a year (ten tons
a day). If this can be realized, about 20
per cent of 13,500 tons, the quantity distributed for civilian use in the prefecture
last year, will be self-supplied.
However, the plants will be incapable, at first, of producing ten tons a day because
of imperfect equipment. It is the earnest
desire of prefectural authorities to produce any salt, even a small amount, and distribute
it to the residents of the
prefecture in time for the season of plum pickling and soya brewing. They are now
selecting personnel for these plants - a
director, two or three businessmen, three technicians, and (about 25) workers.
ITEM 2 People's Council for Overcoming Food Crisis Organized - Yomiuri Hochi - 20 Jan 46. Translator: T. Okamura.
Summary:
To bring about the control of food by the people and to overcome the impending food
crisis, the People's Council for
Overcoming the Food Crisis (SHOKURYO KIKI TOPPA MINSHU KYOGIKAI) will be organized
soon, it was formally decided at a
preparatory committee meeting held on 21 January at the YOMIURI SHIMBUN auditorium.
The committee mooting, which was held under the leadership of the Employees' Union
of the Ministry of Agriculture and
Forestry, was attended by some 50 representatives from leading labor unions and newspaper
offices in TOKYO. At the meeting,
Mr. KATO of the Employees' Union of the said ministry, explained the present situation
of food and proposed at the earliest
possible date the organization of a powerful people's organization, which, through
close co-operation with laborers, peasants
and the general public would take measures for the realization of the control of food
by the people.
In order to launch a nationwide movement for the project, it was decided at the meeting
that the People's Council to Overcome
the Food Crisis will be organized. The council will hold a general meeting
ECONOMIC SERIES: 195 (Continued)
ITEM 2 (Continued)
on 3 February, to which various democratic organizations in the KANTO District will
be invited. The committee meeting also
selected subcommittees for food control, food delivery and food distribution, which
will start preparations for the national
movement.
The Employees' Union of the Ministry of Agriculture and Forestry which advocated
the establishment of the council, issued a
statement entitled "with the General Public," which is understood to be the second
of its kind. The statement pointed out that
the government should be democratic, and must be the people's government. The statement
also criticized the attitude of the
feudalistic high officials who believe that the matters of the government should be
settled by the government itself, without
consulting the people. In line with the spirit of this new movement, the Food Control
Committee (SHOKURYO EIRI IINKAI) was
organized in HAKUSAN-GOTEN-Machi, KOISHIKAWA-Ku, TOKYO, to supervise the fair distribution
of food and aims as its ultimate
objective, controlling of all provisions by the citizens of the Metropolis, The township
holds under its jurisdiction 253
households, which were unified into neighboured block associations (CHOKAI) by the
war calamity.
The committee which is composed of 40 members, including 20 standing members, will
supervise the distribution of rice, miso,
soy sauce and other vital food items in order to prevent unjust distribution by professional
provision dealers. The members,
on and after 20 January, will visit in turn every shop to witness when the distribution
of such foods as made.
ITEM 3 Statement of Accounts In Major Banks in JAPAN - Nippon Sangyo Keizai - 21 Jan 46. Translator: T. Kitagawa.
Full Translation
(In millions of yen) (* shows decrease)
DEPOSITS | SPECIAL BANKS OTHER THAN THE BANK OF JAPAN | ORDINARY BANKS | SAVINGS BANKS | TOTAL | COMPARED WITH THE FIGURES OF PRE.MONTH | COMPARED WITH THE FIGURES OF SEPTEMBER |
PUBLIC DEPOSITS | 74 | ——- | ——- | 74 | 13 | * 1 |
CURRENT ACCOUNTS | 835 | 10,845 | ——- | 11,680 | 453 | * 611 |
ORDINAL DEPOSITS | 1,529 | 3l,473 | 1,740 | 34,742 | * 1,097 | * 2,238 |
DEPOSITS BY NATIONAL SAVING ASSOCIATION | 49 | 1,452 | 5 | 1,506 | * 213 | 91 |
TIME DEPOSITS AND DEFERRED SAVINGS | 2,095 | 32,842 | 3,594 | 38,531 | 202 | 318 |
ACCRUED SAVINGS AND SPECIAL SAVINGS | 2,033 | 24,402 | 81 | 26,515 | 1,284 | * 36 |
OTHER DEPOSITS | 3,230 | 3,547 | 255 | 7,032 | *.156 | 3,812 |
TOTAL | 9,845 | (SIC) 105.209 | (SIC) 7,653 | (SIC) 122,707 | (SIC) 472 | (SIC) 183 |
COMPARED WITH THE FIGURES OF THE PREVIOUS MOUTH | 64 | 531 | * 123 | 472 | ——- | 1,618 |
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ECONOMIC SERIES: 195 (Continued)
ITEM 3 (Continued)
(In millions of yen) (* shoves decrease)
ADVANCES | SPECIAL BANKS OTHER THAN THE BANK OF JAPAN | ORDINARY BANKS | SAVINGS BANKS | TOTAL | COMPARED WITH THE FIGURES OF PRE.MONTH | COMPARED WITH THE FIGURES OF SEPTEMBER |
ADVANCES ON BILLS | 15,624 | 58,841 | 414 | 74.879 | 3,662 | ——- |
ADVANCES ON SECURITIES | 4,750 | 3,572 | 283 | 8,605 | * 59 | 6,404 |
OUTSTANDING ACCOUNT | 581 | 3,403 | ——- | 3,984 | 880 | * 300 |
DISCOUNT BILL | 2,534 | 291 | ——- | 2,815 | 298 | 936 |
TOTAL | 23,489 | 66,107 | 697 | (SIC) 90,293 | (SIC) 4,185 | (SIC) * 88 |
COMPARED WITH THE FIGURES OF THE PREVIOUS MONTH | 361 | 3,777 | 47 | 4,185 | ——- | 6,952 |
CALL LOANS | 265 | 436 | ——- | 701 | * 116 | ——- |
GRAND TOTAL | 23,754 | 66,543 | 697 | 90,994 | 4,069 | 6,610 |
COMPARED WITH THE FIGURES OF THE PREVIOUS MONTH | 450 | 3,572 | 47 | 4,069 | ——- | 6,610 |
(In millions of yen) (* shows decrease)
SECURITIES IN POSSESSION | SPECIAL BANKS OTHER THAN THE BANK OF JAPAN | ORDINARY BANKS | SAVINGS BANKS | TOTAL | COMPARED WITH THE FIGURES OF PRE.MONTH | COMPARED WITH THE FIGURES OF SEPTEMBER |
NATIONAL BONDS | 3,190 | 34,974 | 6,576 | 44,740 | 475 | ——- |
PREFECTURAL BONDS | 12 | 200 | 73 | 285 | * 3 | 1,523 |
FOREIGN SECURITIES | 44 | 563 | 280 | 887 | 15 | * 7 |
DEBENTURES | 420 | 5,777 | 1,602 | 7,799 | * 121 | 12 |
STOCKS | 74 | 1,073 | 171 | 1,318 | * 13 | * 156 |
TOTAL | 3,740 | 41,587 | (SIC) 8,702 | 55,029 | 353 | * 18 |
COMPARED WITH THE FIGURES OF THE PREVIOUS MONTH | 74 | 432 | * 5 | 353 | ——- | 1,354 |
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ECONOMIC SERIES: 195 (Continued)
ITEM 3 (Continued)
CASH AND DEPOSITS | SPECLIAL BANKS OTHER THAN THE BANK OF JAPAN | ORDINARY BANKS | SAVINGS BANKS | TOTAL | COMPARED WITH THE FIGURE OF PRE.MONTH | COMPARED WITH THE FIGURES OF SEPTEMBER |
CASH | 162 | 2,521 | 90 | 2,773 | * 309 | * 1,524 |
DEPOSITS | 483 | 4,441 | 168 | 5,092 | * 646 | * 143 |
TOTAL | 645 | 6,962 | 258 | 7,865 | * 955 | * 1,667 |
COMPARED WITH THE FIGURES OF THE PREVIOUS MONTH | * 21 | * 953 | 19 | * 935 |
Note: Above tables do not include figures of overseas institutions.
ITEM 4 Shake-up in SUMITOMO Scheduled - Sangyo Keizai - 22 Jan 46. Translator: S. Iwata.
Full Translation:
As it takes times to establish the Joint-Stock Company Readjustment Committee (KABUSHIKI
KAISHA SEIRI IINKAI) which the
Government will establish to break up the ZAIBATSU, the head office of the SUMITOMO
will dissolve the company. A director's
meeting on 21 January 1946 discussed the shake up of the directors, and the reformation
of the administration. The matters
decided on are as follows:
- 1.New appointees: SUGANO, Hidejiro, Representative Director (DAIHYO TORISHIMARI) (Former vice-chief of the Executive Department and chief of the Accounts Section). TANAKA, Sadao, Director (Former chief of Personal Department). HIRAGA, Goro, Director (Former chief of the Forestry Office). OSHIMA, Kenzo, Auditor (Incumbent).
- 2.Resigned directors: FURUTA, Jinnosuke (Representative director); KITASAWA, Keijiro (Managing director); KAII, Shosaburo (Managing director); KASUGA, Hiroshi (Director); MIMURA, Okuji, (Director); KAJII, Takeshi (Director).
There have been three departments and nine sections under president, chief director
and secretaries, but in the future there
are to be only two sections, an executive section and accounting section.
ITEM 5 The Government Will Explain Compulsory Food Measures - Nippon Sangyo Keizai - 22 Jan 46. Translator: S. Kinoshita.
Full Translation:
At the regular Cabinet meeting held on 21 January at the Premier's official residence,
Mr. OGASAWARA, Minister of Commerce and
Industry made a report on prices of Commodities, unemployment and other momentous
problems. Following Mr. OGASAWARA, Mr.
SOEJIMA, Minister of Agriculture and Forestry, made an announcement on the current
food situation. Minister SOEJIMA stressed
that it is necessary for the Government to make an explanatory declaration on the
compulsory measures for food control which
are now under contemplation, for the sake of eliminating all the misunderstanding
about this subject.
- 4 -
ECONOMIC SERIES: 195 (Continued)
ITEM 5 (Continued)
The members decided to submit to the regular Cabinet meeting on 22 January for deliberation
a draft of the declaration, which
would be published in the form of a talk by the Chief Cabinet Secretary.
ITEM 6 Countermeasures for Food Shortage and Inflation Wave Emphasized - 22 Jan 46. Translator: T. Kitagawa.
Summary:
Importance of achieving a quick solution of problems of food shortages and inflation,
in order to rid the country of economic
difficulties, was stressed by the Ministry of Commerce and Industry. Mr. OGASAWARA,
Minister of Commerce and Industry,
reportedly said that he is determined to give top priority to these two issues, even
shelving other important programs. In
view of this, the following steps will be taken: Since the retarding of industrial
activities is mainly attributable to the
coal shortage, the Ministry will encourage increased coal output by adopting a more
scientific way of production. January will
see the production of coal amounting to 1,000,000 metric tons; in February 1,200,000
tons will be produced, while, after
April, coal production will reach around 1,500,000 metric tons. Fifty thousand metric
tons of fertilizer, which is the
desirable maximum in consideration of a scanty coal supply, will be distributed, by
the end of March, among farmers who have
fulfilled apportioned staple food quotas. Most of the coal output in excess of the
program for January will be appropriated to
the production of fertilizer. The production and export of textile goods and general
merchandise, in an attempt to import
foodstuffs, will be encouraged. The Trade Board itself may place an order when it
deems the production of specific commodities
are in urgent need. An institution in charge of collection of goods will be established
as early as possible. The problem of a
more plentiful supply of necessities will be studied. Stricter supervision will be
enforced in production and distribution of
staple goods in order to check further inflation.
DISTRIBUTION: "X"
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