The major increases in imports are cereals and flour, machinery and tools, paper and wood pulp. While Jsereais and flour show an increase of 24 million compared with 1934, though some 100 million below the 1933, gute, in a country which is agri-Jeultural and a primary producer, and which is the largest wheat growing Jeountry In the world, the fact that [cereals and flour are imported in con: [siderable quantities is a severe commentary on the means of transportation and the charges imposed which Jenable imported raw materials to Jeompele with locally grown products. The increase in value of machinery Jand tools imported though only some 8% million dollars, is interesting as the advance has been steady, 1034 being already some 1,000,000 above 1933. This increase shows the steady increasing demand for capital goods.
The reductions are spread over 2 large number of articles, the most important. being:
Candies, Soap, ete. 9,000,000 less than 4898, which was already lower than 190 00 00. reiftsis a8 Ores, 11,000000 lower than Cotton, manufactures, 58,000,000 lower than 1008 which was already" lower than 16s. by 3.000.000.
Chemicals, 4000000" Yess than 1904 which was already lower than 1633 by Sugar, 8.000000 less than 1034 which was already lower than 1962 by 1,00, 'Woot, 15,600,000 Jess than 1934, which was ugher" than 1885 by' "20.00.00.
"Tobacco, 21000,000" less than 153, which was higher than 1650 by £000,000 Coat, 3600000" Yess" than 1084.
Exports show increases ina number of articles, the main being:
Textile Mbre (the main increase being silk): els, tallow and wax (the Tain increase being In wood el), seeds (ihe main Increase being. in sesame); ores Grease being in tin' and. antimony: cereals, tobacco.
"Reduction:
Yarn thread (the main decrease being tu' cotton): tea, -plecegoods.
Silk and Tea Cultivation The allen tion now being given by {the National Economic Council to the cultivation of cotton, tea and silk, [should have important results in infereasing production and improving [standards and should materially assist the local industrial Interests and lead oan increased export. Though in 1835 the export of silk showed a substantial increase this increase was due fo limited production of Japanese [spring and summer cocoon crops and the damaged autumn crop. Chinese
Text read from the printed page and cleaned; old type leaves the occasional error.