Japanese Trade Success

THE enterprise of Japan in taking advantage of the war to extend her industrial and commercial interests is much admired. What a contrast poor India offers in this respect! We have just had a Commission appointed who will spend a year in thinking and enquiring what should be done. In the meantime, we hear that Japanese trade returns up to December last year show that the value of exports reached the record of 708 millions yen, the previous highest being in 1913 when the total was 632 millions. Imports for the year were valued 532 millions as compared with 595 millions in 1914, and 729 millions in 1913, and 618 millions in 1912. The decrease in imports and increase in exports are significant. The excess of 175 millions yen in exports is a record of which Japan can well be proud.