The Archive · 1936

MANCHOUKUO'S FOREIGN TRADE

Mr. E. E, Clark Of Messrs. Lavers & Clark, Weihaiwei — Adverse Balance Anticipated by Year's End: Fund Collected for Spanish Insurgents Foe Ao Own Cemesroonee

Harbin, Aug. 26.

The Agures of the foreign trade of Manchoukuo for the first six months! of this year prove much more satisjclory than those of the lest two, the exports and imports totalling (682,593,827 yuan, giving an excess in exports of 6,589,553 yuan. In 1034 the Import excess was 145,135,000 yuan and last year the excess import was 189,071,000 yuan, principally owing to the enormous ' import of building materials of all Kinds, and to the distinct decline in bean exports, The favourable Ngures for the first alt of this year show that building not now so great and that there has been more demand for beans on the foreign. markets. It is not at all likely that this favourable balance will be seen in the latter half of this year, as bean supplies are short, and local prices too high to make export possible, while there are sure to be larger imports in the autumn owing to the demand for winter goods. Probably by the and of the year there will be an adverse balance of about 80,000,000 yuan.

'A large group of American tourist teachers have been visiting Korea and Manchoukuo during the past (we weeks, staying several days in Harbin, They number 65 and are headed luy Dr. William Campbell, Professor of the University of Southern California, Several of them visited in 1934 and now note the progress the coun. try has mode in two years, Tu an interview their leader said that they had found great changes in the large cities and were surprised to sce so many new railways and highways. One member of the party expressed opinion that these railways and highways were more for strategic than development purposes, specially as in some districts the public were not permitted {o see what work was being done.

Text read from the printed page and cleaned; old type leaves the occasional error.

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