would be a direct bounty of that sune to the Japanese refirier, if the Government levied no impost upon Raw Sugars, which it is quite within their power to do, for the Treaty on its

It

any

duties

onits upon Raw can be imported free while

- all mention of Engar. Refined Sugar is penalised to the extent of £1.12.9 per ton and it caw hardly be contended that £1.12.9 per tow is -trifling bounty to the Japanese Regier.

If Japair inposes a duty upore Raw Sugars, she has the right

a similar excise.

her

to impose

upon refined products, which excive will be added to sexported Refined Sugar in the shape of an additional duty. It is equally in the power of Japan to rehern this excise in the shape of

Av

A.

bounty to their Refiners and though I. M. Government may regard an additional bounty given to Japanese

home

home refined produce, equal

621

the

the

excise levy, as not warranting additional extra duty expon import.

ed refined.

the

It is most probable however

Japanese will

nese will keep within their

and levy

strist rights,

no de

dung upon

Raw Sugars, to which no reasonable objection

the Treaty

can be made, as

is silent upon the point of duties upon Raws. The Japanese Govern- ment thus have a countervailing

duty or bounty ready to hand of £1.12.9 per ton which is sufficient to stop foreign imports without having recourse to special legislation

Cohors either

by excise, bounties, or otherwise. That Japan

impose duties upon Raw

catr

Sugars and remove them at

will has been demonstrated recently

by their action, with Cotton and

Cotton Yarus.

Under the old Treaty the

duty

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