Osaka, Apr. 1.
The passage of the Indian Taci deeply regretted by cil Japanese cotton manufacturers at:! traders, because they regard it a serious blow to their export tral The Japan Cotton Spinners! A\ ciation maintain that breach of the Treaty between Ind Apr. 2
The passage of the Indian Tariff Bill is being widely discussed. The consensus of opinion among Japanese cotton manufacturers and traders that coarse grey Japanese cotton goods will hereafter be barred from India and that, therefore, Japan will bbe obliged to push fine bleached and printed goods. The inevitable ovtcome of this, it is predicted, will be a decrease in the consumption Indian cotton, an increase in the consumption of American cotton and, also, greater competition with Lancashire.
The Asahi and Mainichi, both of which comment in their editor columns on the passage of the Indian Tariff Bill, express regret at its passage, pointing out that the new tariff makes Indians pay more for their cloths and cuts off the export demand for Indian cotton. They urge a further effort to reduce the cost of Japanese cotton goods.
The joint committee of the Japanese cotton trade organizations is holding a meeting on Friday to discuss the question.
Text read from the printed page and cleaned; old type leaves the occasional error.