CO129-575-3 Japanese affairs 2-1-1939 - 21-12-1939 — Page 91

THIS DOCUMENT IS THE PROPERTY OF HIS BRITANNIC MAJESTY'S GOVERNMENT

110

FAR EASTERN (JAPAN).

CONFIDENTIAL.

June 12, 1939.

SECTION 1.

[F_5595/232/23]

Copy No.

130

Sir R. Craigie to Viscount Halifax.—(Received June 12.)

(No. 329 E.) My Lord,

Tokyo, May 1, 1939. WITH reference to my despatch No. 198 E. of the 15th March I have the honour to enclose herewith a summary of the Japanese budgets for the financial year 1939-40, which were passed by the Diet in March.

2. Total revenue and total expenditure in the main and two supplementary budgets in the general account, together with revenue and expenditure in the supplementary account for emergency war expenditure, balance at 8,874 million Loans authorised amount to 5,652 million yen, with an additional 273 million yen in the special accounts.

yen.

3. In the financial year 1938-39 total revenue and total expenditure in the budgets of the general account, together with revenue and expenditure in the budget of the supplementary account for emergency war expenditure, were 8,121 and 8,082 million yen, respectively. Loans authorised amounted to 5,462 million yen, with an additional 166 million yen in the special accounts.

I have, &c.

R. L. CRAIGIE.

Enclosure.

Summary of the Japanese Budgets for the Financial Year 1939-40 passed by the Diet in March 1939.

REVENUE and expenditure are balanced as follows:

(A) Main budget

(B) First supplementary budget

Yen.

3,694,666,976

910,543,937

(C) Second supplementary budget

199,332,614

Total

4,804,543,527

(D) Supplementary budget for emergency

war expenditure(')

4,069,813,137

Grand total

8,874,356,664

2.

Revenue in Main and Supplementary Budgets (B) and (C).

Figures are thousands of yen; corresponding figures for 1938-39 are given

for comparison:---

Thousands of yen.

(a) Ordinary revenue

Taxes-

Income

Land

Business profits

1939-40.

1938-39.

802,687

648,680

48,234

50,360

112,969

90,478

(1) The supplementary budget for emergency war expenditure balances at 4,605,000,000 yen, but includes on the revenue side receipts totalling 535,186,863 yen, which are included on the expenditure side of budgets (A) and (B) above.

[633 m-1]

B