INTERNATIONAL: Roosevelt Money

When Franklin Delano Roosevelt was first swaddled, Japan's present Finance Minister was already approaching middle age. Today a tottering but keen-witted patriarch, Mr. Korekiyo Takahashi was the first statesman of world prominence to seize last week on President Roosevelt's devaluation project as a basis for local action.

Calling in Tokyo correspondents, Mr. Takahashi revealed that his Finance Ministry was rushing into shape a bill to make ''Roosevelt money" out of the yen—i.e. to devalue it and presumably pounce on the profit to be had by seizing gold held by Japanese citizens and banks.


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