JAPANESE TRADE.

Auckland Star, Volume LXVI, Issue 214, 10 September 1935, Page 10

JAPANESE TRADE.

SUGGESTION DENIED. "NEITHER JUST NOR TRUE." LETTER FROM TOKYO. I Grave, rgret that many countries have ] adopted measures to hinder Japanese trade, and anxiety to find some means I for promoting Letter international trade relations, are expressed in a letter from the Tokyo Chamber of Commerce, which will be considered at a meeting of the Auckland Chamber on Thursday. The letter seeks information as to the extent to which New Zealand is all'ected by Japanese imports, and whether there are. complaints about these goods. So far as export trade is concerned, the Auckland Chamber is asked to explain the position of New Zealand exports to Japan in relation to the total export trade, and the lines of Dominion products which it is chiefly desired to export to Japan. '"In consequence or Japanese, merchandise having made- its .way into world markets, ways and means are being adopted by a number of nations to prevent the importation of Japanese, articles, which are oftentimes charged as being dumped," reads the letter* j '"liut the success of Japan's export is, I in reality, due to the cheap price of the good quality of Japanese merchandise, which are two important results of thf; modernised manufacturing industry of Japan. .So, it is neither true nor just : to say that we are dumping our goods in foreign countries in order to mairiw tain cut-throav, competition with other; nations. It has been brought to our notice that the adoption of measures for. restricting the importation of Japanese" goods is eagerly desired by eoinc groups' of business people, on the ground, that; the influx of Japanese merchandise,' cheap in price and good in quality, will , spoil some of your manufacturers' pi*b-, fits. But is it not true that general, consumers have been profiting therii-i selves from these Japanese articles f The spread of Japanese merchandise hfis been the sole topic of discussion anion<* : business men, and sometimes it has beeu! exaggerated as the inundation jjjf! Japanese goods. However, nobody points, out that the total exports of Japan, W statistical figures show, do not come lip* to 3 per cent of the total volume of world's trade. What we are and have? been desiring is that each nation will spare no effort for the betterment of human welfare in co-operating for mutual assistance by supplying each other's needs, thus bringing about com"-' mon prosperity and happiness, which, we are sure, cannot be realised without international minds."