JAPAN: War Chest

Fact Judged by U. S. standards Japan's middle classes are miserably poor, but even the poorest patriot can give his mite. Last week the Japanese mite was fixed, for patriotic purposes, at five sen (1¢ current exchange). Two million workers pledged that every month for the next three years each will pitch five sen into a "War Chest" of $720,000 which will be offered to the Sublime Emperor Hirohito, "Son of Heaven."

Belief. Does Japan already have a secret war chest—tons of gold bullion salted down before her yen went off the gold standard? (TIME, Dec. 21, 1931). Rumors persist...

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