JAPAN AND THE EMPIRE.
In view of the strong feeling which exists in many quarters with regard to Japanese competition with our industries, it is perhaps only fair to recognize the extent to which Japan is an importer of food stuffs, commodities and goods from the British Empire. Thus, from figures which have recently been published, it appears that while so far as Great Britain itself is concerned the total value of imports into Japan last year exceeded by 5,291,000 Yen the exports from Japan to the United Kingdom, the situation is a different one if there is taken into consideration Japan's trade with the other parts of the Empire. Excluding the figures of British East and West Africa, the statement I have already referred to shows that, owing largely to the huge exports of foodstuffs from Australia and New Zealand, the visible trade balance against Japan in her trade with the British Empire was last year as much as 101,904,000 Yen or the equivalent of about £6,000,000.
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