Serious Effect on Trade with China: Big Drop in Exports Tokio, June 20.
"The Chinese boycott agitation. against Japanese goods is growing in intensity," says Mr. Ikuro Atsumi, Secretary to the Japan Foreign Trade Association.
"Since the beginning of May Japanese exports to China havea dropped by more than 60 per cent. as compared with the corresponding period of the previous year.
"Tf things are left to take their own course, the result will be thq general ruin of Sino-Japanesd trade."
The Tokio Chamber of Commerce presented a memorandum to thd Government authorities yesterday suggesting measures for the devel-lopment of industry.
The revision of the Custom duties, the lowering of money interest, the improvement of thd banking organizations, the establishment of free trading ports, and the encouragement of skilled labour! are among the measures suggested.
Text read from the printed page and cleaned; old type leaves the occasional error.