Page:Economic Reform Policy by Envoy Dodge (Dodge Line).pdf/54

 However, in present, Japan where the accumulation of capital is extremely small it is very difficult to finance the restoration fund. It 16 true that the local finance has been given a foundation for sound develop- ment by the recent revision of the taxation system, but the expense necessary for the establishment of a new democratic system of education, and the increasing personnel expense, 1n addition to the expenses relating to the rehabilitation and reinforcement of the various institutions for public welfare which were more or less d'evastated by the war of long years aggregate such an enormous amount that it is utterly impossi ble to appro- priate eurfiolent fund to meet an emergengy of such kind. on the other hand, the financing agencies are already in a condition of overloan and have little room of capacity to finance the disaster restoration. For the reason mentioned above, we consider that, 11 a way be opened so that both of the Deposit Bureau fund which is the accumulation of gavings by our nation and the counterpart Fund for Aid of Japanese. Economy provided by your country can be most effectively uti- lized for the rationalization of Industry as well as its restoration from the damages due to the recent typhoon, it will be sure to contribute a great deal toward the economic rehabilitation of Japan. We hereby sincerely solicit your kind consideration and good offices for the utilization of the above funds. - 74 Bunzo Akama Governor of Osaka Prefecture Hiroo Kondo Mayor of Osaka City Michleuke Sugi Chairman of Osaka Chamber of Commerce and Industry 外交史料館 Diplomatic Archives of the Ministry of Foreign Affairs of Japan 国立公文書館アジア歴史資料センター Japan Center for Asian Historical Records National Archives of Japan