(000 yen in imports, mostly of manu factured goods in' exports andr: materials in imports, ayer the cor~ responding period last year. During! the last ten days of September there was an excess of exports over imports of 45,000,000 yen.
Up to the first ten days of October, however, the total foreign trade still showed an adverse balance of 28,000,- 000 yen which, however, was a decrease of 90,000,000 " yen over the same orlod last year. Up to October 10, Japan exported 1,974,000,000 yen of Products and imported _'2,094,000,000 yen. However, as the export season dog ins In Japan about July and ce Hinues on through the autumn it is not at all unlikely that Japan will One of the minor but, at the same time, unusually Interesting reasons for the drop in imports has been the abnormal decrease in imports of a ation from the United States. This ascribed to the American govern: ment's delay ta deciding the amount of cotton loans and the hesitation of the cotton pool in selling as well as 40 the curtailment of spinning opera-Hons in Japan as a result of the decline in exports of cotton textiles to America.
"Thig decline is mainly attributed to efforts of the Japanese government voluntarily to control exports to the United States in accordance with suggestions made to it by responsible American government off-dals and industrialists. These persons hinted that unless Japan checked her exports the United States might be compelled to erect tariff barriers despite the fact that Japan purchases the bulk of the raw cotton it uses to manufacture cotton textiles it exports to the United Slates from Americ
Text read from the printed page and cleaned; old type leaves the occasional error.