JAPAN: Taibo Seikafsu

Opening the Diet last week, frock-coated Emperor Hirohito pleaded for taibo seikatsu—austerity living. Two days later, foxy old Premier Shigeru Yoshida explained what the austerity is for: to check Japan's ominous inflation, and, by stern cuts in government civil spending, to make room in Yoshida's trillion-yen ($2,780,000,000) budget for Japan's burgeoning rearmament.

If all goes as planned, Japan will create during 1954 an air force of 258 planes (including a few U.S. jets), 7,200 men and six pilot-training schools. Land forces will be increased to 139,000 men, the navy to 16,000 men...

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