Japan Moves.

New Zealand Graphic, Volume XLVII, Issue 5, 31 January 1912, Page 45

Japan Moves.

But a few years ago Japan manufactured neither iron nor cotton. I artel y she has launched some Dreadnoughts of more than 20,000 tons, built entirely by her own workmen. Not so long ago she manufactured no cotton at *ll. At present the consumption of raw cotton is, in round figures, as follows:—In Great I’-ritala, 4,000,000 bales per year; in Japan, 1,000,000 bales per vear. The 1,000,000 bales of cotton consumed by Japan are converted into yarns, doth. ctc -> which are sold partly in Japan and Partly in Asia, especially in China, Korea, Manchuria, and, lately, also in India. As it Is impossible for British Workers to compete on terms of equality with Japanese cotton workers, the loss Of the Chinese market to the Japanese cotton industry is merely a question of tim*.