Tokyo, Jan. 9.
rhdiboom in Japan's export trade who characterised the last semese Ter of 1092 and fs continuing into 1689 jo bound to be short lived in the opinion of foreign commercial attaches in Toly.
tigation by, the commercial attaches fndieates that much Japan: exe merchandise is being said abroad Sta lose, if replacement values are Eonsidgred. In general the foreign Commercial experts. do. not cause the Japanese of damping, but they do seguse them of bad cost account. ing. Much of the merchandise now belng} aald "at. sidienlously cheap priceil "Japanese manufacturers, ateged™-and the. commercial attaches cite figures to prove their Sontertions—are. selling goods Small mun gin of prof in yon at thels)'pretent gold value. without figurine the yaw materials" which go imo the manufactured products Steve'! purchased with yen Which were worth double in gold, what Tapaniose money is worth to-day.
Phe Japanese small manufacturers, a leading commercial attach here stated, tare Motoviously poor ost accountants, "I have actually Known of Japanese manufacturers felling. manufactured "goods fora price in gold less than the. rave materials ost. him in—gold. Take cotton and canvas shoes, for examble. Tu many cases. these shoes Were sold in Europe and the United States for less than the cost. of the cotton and rubber—all imported—which went into them. The still Japanese manufactur-stocks with yen worth 40 cents each, a year ago, and sold] hig manufdetured product when the yen was worth around 20 cents, He did not figure costs in gold. Ah he, did was to figure a profit in Actually when he come his raw materials he sold his merchandise at lo 'Another attache cited declaring in som. lamps' were sold at less than the in the Japan-
Cheap labour also has been much of a factor in the low gold prices fof Japanese export lof \the export products. are_made the home by women and children. There is no cost accounting for labour, the head of the. family merely figuring that any, money earned by his ind. children i money ahead. Much of the weave ing industry, for certain kinds of loth, is done in this way. Export-mou cut contracts and get labour at a ridicule ously low cost—United Press.
Ar a meeting of the General Committee of the Bi Residents? Association of China held Jan. 9 Mr. H. G. W. Woodhead," ex. was re-elected Chairman, and Mr. Ranald G. MeDonald was re-elected Vice-Chairman,
Text read from the printed page and cleaned; old type leaves the occasional error.