The Archive · 1883

TRADE WITH COREA DURING 1882

RETARE RY AIM H, PARKES ON TITE JAPANESE — Sir H. Parkes to Earl Granville.—{ Received

"oth July kid, 9th Tune, 1883.

My Lonv,—With reference to my dospatch of the 25th November last, in which T forwarded to your Lord: 'a Memo-random on the Japanese trade with Cores Guring the period of five years ended the 30th June, 1882, Ihave now the honour to inclose three Tables showing respectivel the velo and nature of the export and import-trade, and the number and tonueg of the Japanese shipping entered at the open ports of Corea during the past year.

Tables have been compiled in the Logetion, in the same manner as those attached to the Memorandum to which I ihave already referred, from information furnished by the Japanese Consuls in Customs, Corea and published by the Bureau of "According to the figures contained in these Tables, the value of the Japanese trade with Cores, both import and export, during 1882, shows a falling-off as compared with that reached during the previous year, may be attributed in some degree ment of trade occasioned by Political disturbances whicl occurred in Corea during the month of July last, and which continued for several The comparative figures of the trade for the two years are as follows Imports—Yeu. You. Sapanese productions.. 202,069 266,319 Foreign productions,..1,742,608 1,516,864

944,737 1,783,183:

382,657 1,775,498

827 394 546,771 507,669 trade of the year 1882 was falling-off of 161,554 yon in the value of the imports, of 107,169 you in that of the exports, and of 273,713 yen in that of the total trade, On the import side, articles of Japan eased value of 64,250 yen, f foreign production, on the other hand, exhibit a decrease of 225,804 yen. Notwithatanding this increase, however, in the value of the articles of Japanese production trade therein was confined to an iusignificant amount, as the total of 266,319 yeu includes articles imported entirely for the consumption of Japanese residents to the value of 106,606 yen, and bullion or coin to the amount of 74,746 you. When these sums are deducted, the amall remaining represents the value ted for the purpose of he decline observable aggregate jue of the imports of ign production, an increase haa to be d in that of the principal staple of iz., shirtings, which imported to the extent of 970,784 you, ae compared with 03,770 yen in 1881. Other cotton piece-goods show, however, a considerable decrease, their value in 1882 having only reached a total of 394,551 yen, as compared with 618,042 yen in 1881.

fetals also show a decreas: uriting to 22,767 yon, while drugs an yes, been imported to a value of 17,143 yeu in excess of ¢! in 1881.

It may' be hoped that the falling-off in the value of cotton piece-goods will be only of a temporary' nature, as all the reports that have been received from the members of Her Majesty's Consular Service in Japan and other foreigners who have visited Corea a the past year would tend to jotwithatanding the poverty of the people and the general squalor of their houses and streets, comfortably but well dressed of the year, and that whatever means they may possess are mainly devoted to this end.

At the same time I should observe that it would not be wise to form large expectations as to the prospects of Corean trade. The population of 8,000,000 or 10,000,000, owing to their long exclusion from the world, and the consequent stagnation of industry which this has ace but few wants and only limited meat supplying them, and it will require a much greater degree of effort than that to which they have been accustomed to effect such an increase of their own productions as will enable them to become extensive purchasers of foreign commodi (Signed) Hauny 8. Panxes.

Text read from the printed page and cleaned; old type leaves the occasional error.

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