The cruel and ruinous trade i bids fair to die a natural death, come to an end, not by any ju: of the Japanese government or people, but consequent upon the cessation of demand from Italy, where the producers of silk have go far acclimatised the Japanese worm as to ensure a steady supply of seed for all future requirements without renewal in Japan. The Choya Shimbun, without word of comment, announces that three Italian graineurs left Yokohama on their return on the 19th instant, and two others will leave by the next mail. Large transactions are reported to hace occurred during the time these gentlemen have been in Japan, but at prices which can scarcely be regarded us doing more than returning one-quarter of the actual cost of production, namely, from five.o fifteen son per carton. The total export from Yokohama this season, b; Italian and Japanese merchants, has 172,227 carton alue of which does not exceed 30,000 yer The number arid value of cards som to indicate that Italians silk growers have got all they required; and the production of silk from Japanese Italy is amply sufficient to supply the bulk of the demands for that article, and that consequently the genuine Japan- h ese silk must be content with a very secondary place. This is selling 1 birth-right for a moss of pottage. ought to be th t of Japi west prices that its production has hi most profitable but thanks to the porversity of traders and the apathy of th government (who have no. hesitation permitting the export of silk-oggs proposing to tax Kerosene by a levy of 30 cost) this noble industry compe inactivity because Italian rowers, out of seed purchased from not resulted from ensue if the game were not stopped. The fullest and most sincere warnings have been uttered, but without effect. Now, action may perhaps to taken, but too late. The mischief is dune,—Japan Gazette,
Text read from the printed page and cleaned; old type leaves the occasional error.