Like an invisible ectoplasm surrounded by devoted spiritualists, the credit of the Japanese Empire was under scrutiny last week in a hollow square of green-covered tables surrounded by the National Policy Council.
A novelty in Japanese politics, the Council provides an arena less formal than the Cabinet in which the fighting service and civilian ministers, perpetually at cross purposes, can quarrel at their ease for the public weal. The question last week was how many more bonds can the Imperial Government force the nation to absorb in order to meet the continued...
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