The Archive · 1936

Japan Hits Back at Australia

Osaka, Aug. 25, Created at the suggestion of the Government, the Society for the Con {trol of Wool Imports made its initial [bow here to-day.

"The body, as lis name implies, will have complete control over the importation of wool and is the outcome of negotiations between representa~ {iver of the Wool Industry Association and the Wool Importers' Guild, and Mr. Susumu Tera director of the Trade Bureau of the Ministry [Commerce and Industry. It was fereated 10 facilitate the enforcement Jor the Government's policy to curb imports of Australian wool and tacle tate those from South Africa, South JAmeriea, and New Zealand—Domel, Imports Greater Than Exports by $14,000,000

The Monthly Returns of the For-feign Trade of China for July 1936 show not imports for the month $74,015,086 and net exports.$60,451,- 220, making a total of $135,360,322, which gives an excess of imports over exports of $14,408,850, For the seven months January to July the excess of imports over " exports amounted (0 $140,752,025 as against $204,503,071 "for the corresponding. period of ast year. The total ime ports of silver smounted to $4,095,227 Jand of gold to 927,000 Gold Units, The exports of silver amounted to $114,811,030 and of gold 10" 8.182,498 [Gold Units 'The excess of exports for the seven months in respect of silver is $110,- 710,703" and of gold 4,255,438 Gold Units "3 compared with an excess of exports of Gold Units in' the same period, 1935, of 13,856,905, and. excess of sliver for the same. period of $0,012,729, For. the month of 'July this' year the excess of exports of gold amounted to. 6,132:772 Gold Units and of silver $10,925,600,

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

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