Tokio, Jao. 30.
TARIFF REVISION, At the meeting of the Tariff Revision Committee of the House of Representatives on January 29, Count Komars, Minister of Foreign Affairs, said that the new tariff will be enforced from Joly or August, 1911, in consonance with the revision of the existing commercial treaties. In spite of the partial revision of the tariff in 1909, the rates as desired could not be arranged, owing to the existence of the conventional rates. In connexion with the forthcoming revision, the Jay Government proposes to maintain the equilibrium of rates and harmony among various branches of industry, wit tional economy mainly in consideration and dae regard for the conditions of Japanese industries and the relations between Japan and foreign imports. The existing statutory tariff provides for 30 per coat duty on iron, but more than 5 to 7} per cent could not be imposed, owing to the existence of the conventional tariff. The retention of the high duty in the existing. statutory tariff will hamper domestic industries ud the Government had decided to curtail the rate io the now tariff.
The forthcoming revision is simed at revenue, while infant industries are to be promoted. Japan does not adhere to either protection or free trade, but fixes her policy with regard to her industrial conditions and relations with commercial Powers. n_ adheres to a statutory tariff in principle, but may arrange s conventional one: Japan cannot any longer afford to consent to
Text read from the printed page and cleaned; old type leaves the occasional error.