JAPAN.

453

France, and Germany, as well as in the home yards. The war with Russia augmented Japan's naval strength considerably, and many fine ships have since been built.

POPULATION, TRADE, AND INDUSTRY

The total area of Japan, exclusive of Formosa and Chosen, is estimated at 163,042 square miles. The population of the Empire, according to the returns from the Census Board, in 1920 was 77,005,510, viz., 55,961,140 for Japan Proper; 17,284,207 for Korea; 3,654,398 for Formosa; and 105,765 for Saghalien. The most populous cities are Tokyo, Osaka, Kobe, Kyoto, Nagoya, and Yokohama in the order named. There are, exclusive of Chinese, about 5,000 foreigners residing in Japan, more than one- third of that number being British subjects. Japan is geographically divided into the four islands Honshiu, the central and most important territory; Kiushui, "nine provinces," the south-western island; Shikoku, "the four provinces," the southern island; and Yezo, the most northerly and least developed. The first three islands are sub-divided into eight large areas, containing 66 provinces, and the latter (Yezo or Hokkaido) is divided into 11 provinces.

The total value of the foreign trade in recent years is shown below:-

1916

1917

1918

1919

1920

1921

E'ports, Y. 1,127,468,118 1,603,005,048 1,962,100,668 2,098,872,617 1,948,394,611 1,252,837,715 'ports, Y. 756,427,910 1,035,811,107 1,668,143,833 2,173,459,880 2,336,174,781 1,614,154,832

Total Y, 1,883,896,028 2,638,816,155 3,630,244,501 4,272,332,497 4,284,569,392 2,866,992,547

The returns for 1921 show decreases of 36 per cent. in exports and 30 per cent. in imports, as compared with the previous year. A heavy excess of imports over exports is revealed. Japan's favourable position for engaging in foreign trade, gained during the war, has now been lost, and her foreign trade continues to be in an unsatisfactory condition, because manufacturers persist in the foolish policy of refusing to cut prices. It must be remembered that the domestic market has been enlarged during and since the war, but it is questionable how long this factor will enable manufacturers and others to continue their present policy, as war profits are gradually being ex- hausted. During the Great War the arrival of European articles having almost ceased in the Far East, South Seas, and other markets, their place was taken by Japanese. Exports were further increased by the supply of war and other materials to the Allies. Imports, though affected by the war in some directions, also grew owing to the brisk demand for raw materials occasioned by the unusual prosperity of home industries. The growth of sea-borne trade in 1920, however, was due more to the advance in prices than to the increase in quantities.

The following was the total value of the trade with foreign countries in 1920, the latest date for which detailed returns are available:-

United States of America

Exports

Yen 565,017,900

Imports

Totals 1,438,194,981

873,177,075

China....

""

British India

410,270,499 192,250,187

218,088,988

628,359,487

394,930,201

587,180,388

Great Britain

**

97,797,246

232,215,514

330,012,760

Kwantung Province

113,685,671

196,863,194

310,548,865

Dutch Indies

>"

107,225,428

68,628,794

175,854,222

Continent of Europe.......

>>

95,608,938

72,626,720

168,235,658

Australia and British America Hawaii, Egypt and South Africa

""

79,775,120

67,510,970

147,286,090

99

52,104,326

87,421,086

139,525,412

Hongkong

Philippines and Siam

British Straits Settlements.. Mexico, Peru and Chili

Argentina and Brazil....

Asiatic Russia

French Indo-China

Temporary Warehouse Unknown

Other Countries.....

"

74,066,243

2,231,586

76,297,829

38,577,124

19,649,926

58,227,050

....

"}

35,730,275

17,137,422

52,867,697

**

7,268,407

25,201,203

32,469,610

23,686,504

3,927,521

27,614,025

**

22,880,772

3,831,684

26,712,456

>

3,444,853

20,618,843

24,063,696

>>

11,999,577

11,999,577

901

"

2,425,671

2,426,622

""

29,004,161

17,688,806

46,692,967

Yen 1,948,394,613

2,336,174,781

4,284,569,392

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