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“...during the past five years.
Exports. In 1905 exports declined to the extent of 14,500Z., equal to over
Tea. 11 per cent. This decline is entirely attributable to the great
falling-ofE in the export of tea, which now represents 55 per cent,
of the total exports, as against 63 per cent, in 1904 and 72 per cent,
in 1903. This decline is to be attributed partly to a wet season,
partly to over-stocked markets, but chiefly to careless cultivation
and faulty preparation. The restoration of peace in Manchuria
resulted in an increase in the export of fresh oranges (over
5,000,000 lbs. in 1905 compared with under 3,000,000 lbs. in 1904)
and umbrellas (413,050 in 1905 compared with 310,680 in 1904),
but a decrease in the export of timber (3,119,046 square feet in
1905 against 4,083,625 square feet in 1904).
The import of foreign goods declined over 2 per cent., while the
import of native goods increased 22 per cent. The chief articles
imported are cotton goods, kerosene oil and sugar. In Annex II
will...”
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