POSSIBILITIES OF INCREASED FOREIGN TRADE WITH JAPAN

As in the case of China, the possibilities of increased trade with

Japan lie principally in WOOLLEN MANUFACTURES and in BREADSTUFFS. In

addition there is a fair chance of increased trade in metal

manufactures. The use of woollen garments in Japan in winter is

extending even to the middle and working classes. And inasmuch as the

country does not raise sheep, and is, indeed, not well able to raise

sheep, such woollen clothing, woollen cloth, or raw wool as is used

must be imported. Hitherto the woollen manufactures which have been

established in the country have not been very successful, and the

probability is that Japan's import trade in woollen clothing and

woollen cloths will increase year by year. Similarly, from the fact

that the agriculture of the country is not adapted to the growth of

wheat, nor seems ever likely to be so adapted, and also from the fact

that both the higher and the middle classes of Japan are rapidly

adopting European and American habits of living, it is very probable

that the importation of wheat and wheat flour into Japan will also

continue to increase year by year. And from the difficulty there is of

smelting iron cheaply it is probable that the importation of iron and

iron goods (which in raw iron, iron and steel rails, iron small wares

and nails, spinning and other machinery, and steel ships, already

amounts to $8,000,000 a year) is likewise likely to increase greatly

year by year also.

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