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Press translations [Japan]. Economic Series 0179, 1946-01-18.
Supreme Commander for The Allied Powers. Allied Translator and Interpreter Section.

translation-number: economic-0828

call-number: DS801 .S81



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GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS
ALLIED TRANSLATOR AND INTERPRETER SECTION
PRESS TRANSLATIONS
No. 828 Date: 18 Jan 46

ECONOMIC SRIES: 179

ITPM 1 Definite Proposal On Food Rationing An Interview with Mr. MATSUMURA, Minister of Agriculture and Forestry - Magazine: Jikyoku Joho - Jan 1946 Issue. Translator: T/4 Tamura T/4 Amano.
Summary:
At a recent interview with Mr. MATSUMURA, Minister of Agriculture and Forestry, the following information was disclosed: in order to relieve the present food shortage in JAPAN, permission has been requested of the Allies to import 3,000,000 tons of food. The amounts and varieties to be imported will probably carry us through the crisis which is expected about June or July. It is not definite just how payment for these goods will be made, but it will probably be by barter.
Rice will be imported from KOREA, FORMOSA, SIAM, FRENCH INDOCHINA, and MA CHURIA. Wheat will be imported from AMERICA and CANADA. The amounts to be imported are calculated to give us the same rations as during the war. In the event that this turns out to be insufficient, it is our policy to make use of our unutilized materials. Up to now the stalks of sweet potatoes, mulberry leaves, starch, acorn, seaweed, and arrowhead roots have been used as food for animals and as fertilizer, but this year we will convert half of those into flour.
The milling factories were destroyed by bombs but we have requested the Government to construct new machinery. Flour is important but rice is our basic food. The farmers were relied upon to furnish rice for the people, but due to bad crops this became impossible. Therefore, the Government has been asked to release their stores. If the farmers are able to give over 70 per cent of their quota of foods to the Government, they will be given one hyo of rice and one kan of fertilizer. Those who supply over their quota will be giver one Hyo of rice and three kan of fertilizer.
Up to now, many city people have been going out to the country to buy rice and as a result the supplies coming into the city have been cut off. The law only punished those persons selling rice, but now a new law has cone into effect whereby the buyers will also be punished. With, the co-operation of the people and with the aid of the Allied Nations we will conquer our difficulties and resume our normal living conditions.

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ECONOMIC SERIES: 179 (Continued)
ITEM 2 Monetary Funds in Rural Districts - Nippon Sangyo Keizai - 17 Jan 46. Translator: R. Aoki.
Full Translation:
Bank deposits, postal saving accounts, cash, and other monetary funds of the rural districts are estimated to reach 50,000,000,000 yen. Deposits at the Central Bank of Agriculture and Forestry (NORIN CHUO KINKO), the most authoritative financial institution for farmers, have been reported, at the end of last November, as 12,670,000,000 yen. Deposits with the local agricultural associations, in a sense the local agents of the above Central Bank, have been reported, as 5,500,000,000 yen. Deposits at the Central Bank in June 1938 were 1,240,000,000 yen. These deposits in the Central Bank were chiefly the payments for farm produce delivered through the official channels.
The postal saving accounts of the farmers are estimated at 20,000,000,000 yen, or about half the total of postal accounts. According to a survey made by a financial institution (The KUMIAI KINYU KYOKAI) the average cash holdings of farmers in 40 villages was 500 to 1,000 yen per family.
Loans to farmers from the Central Bank of Agriculture and Forestry have been almost at a standstill during the past seven and a half years. The actual amount at the end of November 1945, was 1,200,000,000 yen. The standstill of loans to the farmers illustrates, on one hand, the reduction of important transactions due to the shortage of desired materials, such as farm equipment, fertilizer, etc; while on the other hand, it illustrates the farmers' ability to pay cash for purchases.
For the most part, the farmers are now prosperous, but at the same time, they are unable to make reinvestments for agricultural improvements. The farmers in JAPAN, therefore, are prospering on plunder, that is, exploiting the soil without means of nurturing it.
ITEM 3 Banknote Issue Up Again - Nippon Sangyo Keizai Shimbun - 17 Jan 46. Translator: H. Shindo.
Full Translation:
The value of banknotes issued by the Bank of JAPAN was 54, 900 million yen according to its ten-day report made on 10 January. This figure is 537 million yen lower than the one for the last ten days.
The absorption of currency has been unsatisfactory since the beginning of this year. The issuance of bank notes, on the contrary, has increased, reaching 51,300 million yen on 15 January. If this tendency continues, issuance of notes is bound to surpass the high of 55,400 million yen recorded at the end of last year.
Loans have decreased due to the absorption of cash. The decreased figures in bonds and other securities' accounts have resulted from their disposal by sale to the Government. The accounts of agencies and nr see laneous accounts have decreased, mainly because agencies' deposits were drawn out, and national revenue was greater than expected. On the other hand, the figures shown in the liabilities column in the ten-day report explain themselves.
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ECONOMIC SERIES: 179 (Continued)
ITEM 3 (Continued)
Government deposits are 20 million yen less. This is because of amounts used buying food purchasing bonds by the Government. The statistics of the ten-day report follow: Ten-Dap Report by the Bank of JAPAN (Unit 1,000 yen; asterisk shows a decrease)
Liabilities On 10 January Difference from Preceding 10 Day Period
Issued Bank Notes 54,902,962 537,758*
Government Deposit 17,755,867 20,752*
Other Deposits 3,863,492 295,899*
Miscellaneous 1,622,355 65,138
Capital and Reserve Funds 211,810 ———
Total 78,356,487 789,222*
Assets
Loan 37,478,399 359,994*
Cash and Bullion 531,774 1,473*
Bonds and Other Securities 17,053,754 72,628*
Agencies 18,470,470 117,816*
Miscellaneous 4,767,089 237,309*
Capital Unpaid 55,000 ———-
Total 78,356,487 789,222*
ITEM 4 200,000 "Phantom" Population In TOKYO - Asahi Shimbun _- 17 Jan 46. Translator: K. Sato.
Full Translation:
According to an investigation made by the Metropolitan Food Section (TO SHOKURYOKA on 1 December 1945, there exists a 200,000 "Phantom" population in TOKYO. The entire population of TOKYO registered as entitled to rations is 3,772,560 individuals or 948,357 families. Of this number there 69,475 individuals or 10,763 families of farmers who do not receive rations. If the latter figure is subtracted from the farmer, the balance will be 3,703,085 individuals and 937,594 families who are entitled to rations. But the actual number of persons receiving rations are 3,845,656 (936,473 families) according to the report made by the Foodstuffs Corporation (SHOKURYO EIDAN) Comparing these two reports, according to the Foodstuffs Corporation, there are 1,121 fewer families and 140,571 more persons in TOKYO than are shown by the Metropolitan Foodstuffs Section's report. It is supposed by the authorities that the figure of the phantom population 142,571 will be increased to about 200,000.
The metropolitan authorities think this difference is mainly due to incorrect reports by the people who are receiving rations. Meanwhile the metropolitan authorities made another survey and found that the "phantom" population had increased by about 100,000 during November. Since then there have been very frequent changes caused by the return of evacuees, demobilized soldiers, and repatriates to the city, [illegible]Therefore, the so-called [illegible]population in TOKYO will be more than 200,000.
During the present food shortage, 400 koku of rice is being consumed daily by the phantom population. The most vicious instance of this fact is the case of transients who are re-
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ECONOMIC SERIES: 179 (Continued)
ITEM 4 (Continued)
ceiving help from the Government on the one hand, and sell the rights of the rations at enormous prices on the other. The immediate awakening of TOKYO citizens and their independent action is most necessary in order to solve this problem.
ITEM 5 All Articles For Sale Must Indicate Amount of Sales Tax-Mainichi Shimbun - 17 January 46. Translator: S. Iwata.
Full Translation:
The Stall-keeper Trade Association (ROTENSHO DOGYO KUMIAI) whose directors met at the SHITAYA Public Hall on 16 January, passed four resolutions to be effective after 17 January.
No silk goods are to appear for sale after 17 January.
All prices of goods at every street-stall will be written in English and Japanese.
The sign, "Bright, Cheerful, Free Market for You" will be hung at the entrance raid exit of every market.
All articles for sale will indicate whether they are taxed or not in order to prevent tax-dodging.
DISTRIBUTION "X"
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HomePress translations [Japan]. Economic Series 0179, 1946-01-18.
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