JAPAN: One Thing After Another

Japanese politicians have taken over the respectable Occidental practice of accepting financial support from Big Business, but the new custom still smells rank in old Japanese nostrils. Twice scandal has invaded the Cabinet of harassed Premier Makoto Saito, smoked out two of its members. It seemed only a question of time until the great Bank of Taiwan scandal should smear the Cabinet. Last week it did.

The Bank of Taiwan (Formosa), with deposits of 243,000,000 yen in 1932, is high in the second rank of Japan's potent empire firms. Founded in 1899, it...

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