Hongkong, May 7.
Dealers in British goods in Hong kong are heartened by the recent: statement of Mr. Walter Runciman, President of the Board of Trade, in. the House of Commons that he is to announce to-day a quota system for: the entry of Japanese goods into] Crown Colonies.
While no' official statement available on this subject, merchants dealing in cotton goods from Lan~ cashire and manufacturers of cement fare frank in their desire for some sort of protection from Japanese competition. Japanese competition in cotton goods is again felt here following the cessation of the boy-ott in South China, In recent weeks, commercial agents of a certain foreign country' are very busy pushing forth their sales and have established a sort of entrepot here. In consequence, there are all kinds of "Chinese goods" in the market with new] brands which are not known to native dealers, Many of the so-called Chinese goods are purported to be manufactured at Shanghai or Tientsin,
Text read from the printed page and cleaned; old type leaves the occasional error.