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Show '1E1SE I TRADE flIH JAPAN LIKELY ' A fegn Office at Tokio Seeks fcformal Understanding $Jt With U. S. Consul., ?0rAL CUTS A FIGURE .fcering of the Tariff by jpBoth Countries Will linjl. Open Markets. jpKIO, Dec. 7. Negotiations are r way between tho tTupancso for- nl' office iind Thomas SarnmonB, Tfcd Stntes consul general at Toko-PfljM' Toko-PfljM' for in. informal understanding fcby Pacific coast products may bo Jpfjftlnoed into Japan in largo quanti-g quanti-g tho result of a proposed lowering fii'Epan's tariff. Those negotiations closely alliod -with tho Btudy by j liw countrios of tlio eflfoct of tho I Bug of the Panama, canal on com-) VE. If Japan accords reductions to I Wic coast products, especially in iVlfefcd goods, California ivines, nuts, . m fruits, wheat, flour and lumbex K will expect eomo sort of rceipro 'Brcatment. For instanco, Japanese R'ants are especially desirous of ob-Kg ob-Kg moro favorable schedules from "Jnitod States on silk fabrics and bofrBts understood hero that the new 'bill provided for some reduction hcjiMn Expects Trade. fjRh Japan looking forward to a bifl .Rflion of trndo both in North anu 'i America tho investigations hera lHgte thai tho United States on her SWjBnonld be benefited greatly by vHopcnijig of tho canal "In an in-'Bed in-'Bed trade to Japan and its colonies. TTJcexportation or products from tho lAIKea States to Japun is augmenting lEquickly than from other parts of wKrorld. Tho principal products, in-Hbg in-Hbg raw cotton, metals, machinery, Afcmd steel products and korosono Kfto Japan chiefly from tho Atlantic mMfY railroad and ocean, and the rJXma' waterway with reducod freight "TBand reduced time of transit should sHgo the markets considorablj'. WBmerionce hero shows that tho Amor-W'.trader Amor-W'.trader usually succeeds in the Far jyL but owing to the keen competi-Ht6 competi-Ht6 will be necessary for him to ac .small profits in certain) lines, and 'Mo al keep continually in touch prevailing 'conditions and trade anw-tunitics. IjHnce for Americans. lb enlarged mnrkot for American IBs will be found in Korea nfter the uMfRl's opening in consequenco of .the pifcr freights and quicker delivery. Importation would includo Amori-.rnachinory Amori-.rnachinory for mines and railways, utM fr hridgc3, automobiles, cotton n?yfacturcs and rico from Texas and Louisiana. Despite tho enormous rice crop in Janan, tho harvest is not sufficient suf-ficient to ieod its population, and importation im-portation is necessary. Investigation in Hokkaido, tho north orn island of Japan, shows likelihood oi a considerable increase of exports to tho United States, especially beans, canned crab, shrimp and surdiucs, which are in great demand in tho Atlantic coast states. For two years thcro has been a spirited competition between the European and r.ho American buyers for tho canned crab of Hokkaido. On account ac-count of tho bottor shipping facilities tho European buyers have been enabled to pay a higher prico. As most of these crabs go to Now York, buyors will no doubt ship direct by "steamer from Yokohama Yo-kohama to New York. Demand for Beans. The same is true of the bean trade, tho demand in tho United States for Hokkaido beans being larger every year. There also is a big demand in Now York and the Atlantic cities for Japanese oa"k and timber. This is now bought by tho Germans and tho British, shipped to Europe via Suez and re-shinned re-shinned to New York. with tho opening of tho Panama canal American buyers will doubtless purchase directly and have their consignments con-signments shipped by way of American waterway, thus saving tho profit that goes to German and British merchants. Thus both in exports and in imports tho Atlantic seaboard will benefit m j trade by the completion of tho canal. |