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“...1896, over
156,000 cwts. of Indian spinnings arrived here; in 1898, some
58,000. In 1896 Japanese yarn to the amount of 23,000 cwts.
was imported; in 1898 the figures were 217,000 cwts.
These figures give point to a passage from a contribution to
the " New York Times," by Mr. J. S. Fearon, of Shanghai, quoted
in the " North China Herald " of December 5,1898. He writes :—
"Manufacturers in the Southern States can now produce
coarse-yarn cloth, such as drills and sheetings, so cheaply that the
mills in Lancashire find it impossible to compete with them, and,
if exporters will only study the requirements of the Chinese in
finer yarn-cloths also, I feel convinced that they will be able to
secure a good portion of the trade in that line of the goods." Further
on in the same letter, Sir. Fearon again calls attention, and it
seems to me most important to do this, to the value of the demand
for cotton piece-goods in Northern China:—
" The three northern ports, Chefoo, Tientsin, and Newcliwang...”
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