23 APRIL 1927, Page 2

The sequel of the financial crisis through which Jai has

recently been passing • was the resignation of t Government last Sunday. The Government had p posed to help the Taiwan Bank, which, like many 1 important banks, was in difficulties. The Privy Com however, condemned the scheme, thinking that a Govern ment ordinance would be justified only when ordina methods had failed. Meanwhile the Bank of Japan coming to the rescue of all the banks upon which " runs are being made. . The plight of the Taiwan Bank supposed to have been caused chiefly by the operation of the woman industrial magnate, Mme. Suzuki. 11 Suzuki Company, which has ramifications all over ti world, fell into distress and so involved its backers. 31iii Suzuki, it is said, is, or was, the richest woman in t world. On Tuesday. Baron Tanaka formed a iv Cabinet. As leader of the Opposition he has been strong critic of Baron Shidehara, whose policy in Cbii he denounced as weak.