Matsudaira, Honourable Koto
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The position of Japan in the Far East today. A brief historical background of Japan. Japan since the Second World War. The hope that the speaker's words will help the audience to understand the problem of present-day Japan. The results of the recent general election held in Japan. The results giving an indication of the future course of the Japanese people. The Constitution of Japan. Economic reforms and legislation. Japan's fundamental problem of population, with details and figures. The need of finding some means to support Japan's population; to maintain and improve the general standard of living and to find new jobs for the rising labour force. Other factors hardening the task. Instability in Japan's trade balance. A look at the trade between Japan and Canada. The desire to continue and expand the growing trade with Canada. Japan's position in East Asia. A look at this position before the war. Japan unable to stand alone economically if Southeast Asia should become Communist. Economics as a vital element in determining the political future of Southeast Asia. A look at the economics of Communist China and other Southeast Asian countries. The scale of capital investment as a decisive factor in determining the rate of economic development. Governmental investments in Communist China compared to private investment in Southeast Asia. The factor of "voluntary labour" for various construction projects in Communist China. A cautionary note in terms of too hasty overall industrialization in Southeast Asia. Characteristics of the economic structure of this area. Conditions which might result from hasty industrialization. What would be needed to achieve a level of economic development at least equal to that of Communist China. The need to increase the availability of technicians and skilled workers. Japan's contribution to the Colombo Plan, and other ways in which she is a donor nation. Back to the main problem of population. The consequences if Japan fails. Japan's aspiration to be a stabilizing force in the Far East again. Japan as an example in Southeast Asia of economic prosperity achieved through the ideals of freedom and the dignity of man. Japan as the only country in the area profoundly convinced of the advantages and merits of the capitalistic system. A quick glimpse at Japan's present industrial strength. Payments from Japan to Thailand as a result of the Jjapanese occupation. Japan's agreement with Burma and Cambodia. Japan's two big reparations problems to solve: Indonesia and The Philippines. Japan's economic relationship with the Republic of Korea as a very thorny problem. Japan gradually coming back. A picturesque image of Japan.