Washington, Feb. 11.
American trade with the Far East Jdcclined sharply during 1932, accord-jing to compilat tions of the ment of Commerce. Officials attributed the decline to increased tariffs, fluctuating exchange rates and a reduction in buying power in Oriental The exports to Oriental countries }for the year totalled $321,451,000 compared with $421,578,000 in 1931.
Imports in the same period totalled $357,818,000 compared with 3578,682,000 in 1991.
Included in' the "imports which resulted in an unfavourable trade balance were the cheaply made toys, dishes and small household arti made in Japan and which President Hoover contends are cousin some American "manufacturing plants to lose.
The reduction of purchasing power report to. the exchange situation
Text read from the printed page and cleaned; old type leaves the occasional error.
