'The index of average retall_prices in Japan on April 15 was 197.6 on basic gute of 100 in July, 1914, according to the bank, 'The' index advanced fifteen per cent. over June Tost year, The rising trond has been especially pronounced this year.
Thus the price trend has taken an upward course, not only for muni, tlons articles, put also for all other kinds, is noteworthy. This fact cannot be Ignored at a time when State expenditures are increasing heavily for it will affect the export trade and national livelihood unfavourably.
"The Japanese Government has! been paying attention to the task of readjustment of production and distribution of articles, but much has been left to be desired in this policy. Avalling themselves of the favourable opportunity, traders have resorted to illegal profiteering.
Text read from the printed page and cleaned; old type leaves the occasional error.