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-c- 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 in Tokyo that this treasure exists, but such secrets are always well kept. To this day Germans do not know whether their Imperial Government really had a War Chest in 1914. Fabulous but kindling to Teuton imaginations, it was supposed to consist of four huge vaults set in living rock beneath a ruined castle, the combinations of the vaults being known only to Kaiser Wilhelm II and to two officers of the Imperial General Staff.

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