Three Times as Much as with China Washington, Nov. 24.
United States trade with Japan now more than three times that with 'China, causing a tendency toward readjustment of American' commerial opinion about the Orient, Strictly financial relationships with Japan are so much more profitable than those with China as t. afford little - basis for comparison. American business opinion maintains lis traditional sympathy and good will toward Ching, with the result. that the United States Government has not been constrained to abandon its long-established policies in the Far East, Nevertheless, the ever-expanding mutual self-interest be tween the United States and Japan Invites consideration of a "twentieth century" Far Eastern economic policy.
This realistic appraisal of the Pacific situation was made highly _induentiat non-government. quarters, for no other reason that to Indicate the possible difficulty tha the United States may have in keep ing its political policies in the Fa: East in line with the predominant economic interests of American busi-hess. The orientation of American policy thus far, it was pointed out, has abundantly demonstrated that the United States Government has not been appreciably swayed by the economic consideration, Sharp Swing from China, The United Press obtained official statistics which bear upon the situation described. "These show " that American economic interests, a least when statistically regarded. have swung sharply from China to Japan since the commencement the world depression.
Japan's political and military pressure. upon' the Asiatic continent, the United States. sliver-purchasing programme, the artificially high cost o! Amefican farm commodities such as wheat and colton under the AAA... and internal economic embarrassment: of China have all contributed to this situation, the duration of which can only be' speculated.
In 1994, the United States' income: and debt service receipts from Japan amounted to $24,364,000; those from China, $172,000. Remittances to Japan 1389 by Japanese residents of the United Slates were estimated at $3,451,000; fu estimate for China was lacking. but remittances in previous years were variously estimated at from $15,000,000 to $30,000,000.
United States exports to Japan from 1026 to 1930, on an annual average, were valued at $246,036,000: they declined to a low. point of '$134,921,000 in 1932. and recovered in 1934 to reach $210,420,000. In the first eight months of 1935, they were
Text read from the printed page and cleaned; old type leaves the occasional error.