War in China and the collapse in the value of silver alto added to the depression of exports, hitting one of Japan's best customers a hare blow. With Yen higher than in many years and the Chinese silver dollars the lowest in history Chinese Duyers found it impossible to make: their usual purchases in Japanes2 markets, The Indian tariff on cotton textiles—which Japanese feel was} aimed almost solely at them—also hit the great Osaka cotton mills, virtually wiping out the rich market the Japanese had developed themselves in this great are Despite this loss, however, textiles manufacturers continued to branch ong vigorously, entering into competition with England's Manchester mills in markets in Egypt, South America and the Near East. So. kevero was the Japanese competition that the British sent a special trade mission to look over the methods of the Osaka Mills on the spot in November. This mission, it was reported unofficially, hinted chester would like some kind of an agreement regarding competition with Osaka, The Japanese, in a stronger position because of superior. equipment and the close coordination of all phases of the cotton spinning industry, refused to consider the suggestion which never wong beyond a purely tentative stage,
Text read from the printed page and cleaned; old type leaves the occasional error.