The revision of the Customs Tariff outstrips lof. supply. however, ere is fother factor of major importance] assisting the trade of both these countries, viz., they are by far the duce. Thus the trade between China largest importers of Chinese) pro fand Japan and the United States lof America normally take 40 per Jeent, of Chinese exports, Furthermore, all three countries, China, Japan and the United States, border
fare plentiful and rapid—goods can ease Ocean, "Communications be delivered in the shortest possible time; every. steamship plying between China, Japan and America jeames mainly" the. nationals {those countries. In short the trade
required' by importers in China, can quel, nataral and easy, Goods be secured from Japan in ten days, land from the United States in. month, while at least two months
[deliveries from the United Kingdom.
often longer are required for These observations apply more particularly to the trade in consumable [zeeds, raw materials, and foodstuff and ft would appear, probable that the United Kingdom share of China's trade in all but capital izoods will decline. But the greatest market in China from, now forward] veil ndoudtedly consist mainly of capital goods, and the loss to our} trade in consumable goods will, or be, much more than offset' the volume of machinery and equip-iment we supply,
Text read from the printed page and cleaned; old type leaves the occasional error.