192
TABLE OF CONTENTS.
LETTER OF TRANSMITTAL
APPOINTMENT AND TERMS OF REFERENCE
REPORT:
СПАРТЕН I. INTRODUCTION
JAPAN:
CHAPTER II. THE IMPORT TRADE
E
PAGE
4.
6
7
3
Monetary Unit: -1 yen
=
JAPAN.
100 sen. 1 sen
= 10 rin. Rate of Exchange:-Par: 1 yen = 2s. 0.582d.
Average Rate of Exchange: -
Pre-war years
1926
1927
1928
1929
1930
S. d.
2 0.5
1 11.2
1 11.4
1 10.9
1 10.8
2 0.3
For purposes of conversion the rate used generally throughout the Report is 1 yen = 28.
Units of Weight:-
1 Kin =
1.32 lbs.
1 Picul (= 100 Kin) - 132.3 lbs.
CHAPTER III. THE PRINCIPAL INDUSTRIES :
Cotton
11
17
Iron, Steel and Engineering
17
The Wool Textile Industry
30
Miscellaneous Industries
45
SEOR
CHAPTER IV.
REASONS FOR THE DECLINE OF BRITISH TRADE WITH
JAPAN
47
CHINA:
CHAPTER V. GENERAL SURVEY
CHINA.
55
CHAPTER VI.—THE IMPORT TRADE
Cotton
Chemicals
Metals and manufactures thereof
The Wool Textile Industry
57
62
63
64
91
CHAPTER VII-THE NEW CHINESE TARIFF
101
There are various currencies in use in China.
The Haikwan Tael was the unit formerly employed by the Maritime Customs, and was solely a money of account. It has now been superseded for duty purposes by the "Gold Unit." The average value is given below.
The C3
Shanghai Tael" is the Commercial Unit in most general use in China. The "Tael" is not a coin, but a weight of silver roughly equivalent to 1 ounces avoirdupois. The par rate of excharge between taels and sterling varies according to the price of silver. Average exchange values are given below.
For retail business the ordinary currency is the dollar or yuan, and bank notes issued by the principal foreign and Chinese barks in Shanghai and the larger treaty ports. The yuan is a silver coin of varying standard and weight according to the mint from which it is issued.
Haikwan Tael. Shanghai Tael.
CHAPTER VIII, CULTURAL RELATIONS WITH CHINA
104
Average Value.
8. d.
S. d.
1926
3 그룹
2 9.6
GENERAL:
1927
2 91%
2 6.7
1928
211+
2 7.7
CHAPTER IX. FINANCE
108
1929
2 7
2 4.8
CHAPTER X-PROMOTION OF BRITISH EXPORT TRADE
CHAPTER XI. CONCLUSIONS AND RECOMMENDATIONS
112
116
In 1930 the average value of the Shanghai tael was ls. 8.6d. There were however considerable fluctuations from extremes of about 1s. 4d. to 2s. 2d.
The equivalent of the "Gold Unit" is fixed at 19.7265 pence.
An ex- change rate with the local dollar for customs purposes is announced weekly.
1 Catty
= 11 lbs.
Units of Weight: 1 Picul = 100 Catties = 133 lbs.
10375
A 2
193
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