19th September 1945
Pages from 'PUNCH'

The caption reads

EXPIATION

"Never mind your ancestors. You have to atone for your crimes at the shrine of humanity."

(Expiation - the act of making amends or reparation for guilt or wrongdoing; atonement.)

Japanese war reparations

From Wikipedia:

According to Article 14 of the Treaty of San Francisco (1951):

It is recognized that Japan should pay reparations to the Allied Powers for the damage and suffering caused by it during the war....Japan will promptly enter into negotiations with Allied Powers so desiring, whose present territories were occupied by Japanese forces and damaged by Japan, with a view to assisting to compensate those countries for the cost of repairing the damage done, by making available the services of the Japanese people in production, salvaging and other work for the Allied Powers in question.

War reparations made pursuant to the San Francisco Peace Treaty with Japan (1951) include: reparations amounting to US$550 million (198 billion yen 1956) were made to the Philippines, and US$39 million (14.04 billion yen 1959) to South Vietnam; payment to the International Committee of the Red Cross to compensate prisoners of war (POW) of 4.5 million pounds sterling (4.54109 billion yen) was made; and Japan relinquished all overseas assets, approximately US$23.681 billion (379.499 billion yen).

Japan signed the peace treaty with 49 nations in 1952 and concluded 54 bilateral agreements that included those with Burma (US$20 million 1954, 1963), South Korea (US$300 million 1965), Indonesia (US$223.08 million 1958), the Philippines (US$525 million/52.94 billion yen 1967), Malaysia (25 million Malaysian dollars/2.94 billion yen 1967), Thailand (5.4 billion yen 1955), Micronesia (1969), Laos (1958), Cambodia (1959), Mongolia (1977), Spain ($5.5 million 1957), Switzerland, the Netherlands ($10 million 1956), Sweden and Denmark.

Payments of reparations started in 1955, lasted for 23 years and ended in 1977. For countries that renounced any reparations from Japan, it agreed to pay an indemnity and/or grants in accordance with bilateral agreements. In the Joint Communiqué of the Government of Japan and the Government of the People's Republic of China (1972), the People's Republic of China renounced its demand for war reparations from Japan. In the Soviet–Japanese Joint Declaration of 1956, the Soviet Union waived its rights to reparations from Japan, and both Japan and the Soviet Union waived all reparations claims arising from war. Additionally, Ceylon (now Sri Lanka), under President J. R. Jayewardene, declined war reparations from Japan.

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