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Japan assets too small to cover costs of occupation
United States policy advisor Pauley told reporters that Japanese assets are far from sufficient to pay for occupation costs and that much machinery and equipment will be repurposed or removed for reparations. He noted similarities between the Bank of Japan vault and the Reichsbank in Frankfurt and said Russia may be invited to northern Korea or Manchuria as part of ongoing reparations considerations. The U S aims to eradicate militarism and push Japan toward democratic principles, with plans for democratization and potential party government reforms outlined by Asahi via cabinet and imperial household discussions.
MENTIONED IN THIS ARTICLE
Germany
Japan
Edwin S
Pauley
Truman
Imivvion
Bank of Japan
Frankfurt
United States
Thowbank
Rusaia
Korea
Ise
Ure