Page 168 - 2 Persian Trade rep Bahrain 2_Neat
P. 168

iXiring the last Uireu /cart; figures oi*
                               Jupaneso iuyorca have snown q very large increase,
                               ihoy are steadily ousting British Laportu in the
                               Cotton, roal and i»;.l tat ion ..ik, Tarn, Hosiery
                               ana iiaboraoshary goods, coys, electrical material,
                               rubber goods, l'uoou and glu;joware, The goods
                               imported from Japan wore of inferior quality but
                               coL^aanded the market owing tc their cheapucao in a
                               turns of economic stress. h regulation has had to
                               be passed to check the imports of cheap and inferior

                               electrical material*
                                       Imports from unglond particularly in the
                               Textile, Cotton and oilk traoe have correspondingly
                               shoved a largo decrease. ,% possible improvement
                               in the ocouomic situation .vita an easier flow of
                               money may result in the oalancc being redressed
                               to some extant in favour of Jritlsh goods* but
                               the great difference in price butwoen British and

                               Japanese gcoua will undoubtedly favour tne latter
                               for JOiuctime to coma* nr5.tis»i firms would oe wise
                               to cstatlich friendly relations with local finae
                               one to conouct more propugunda* roosibly offers
                               of long term credit facilities would also assist*
                     financial,-
                                        The prosperity of the people mainly depends
                               on the pearling trade, but since pearls are a
                               luxury and are onlj bought when other wonts have
                               been satisfied, the trade depression is more acutely

                               felt in Bahrain than cloevhoro and the market for
                               better classes of goods is at a atandutill. There,
                               la very little money in the market and there are
                               no signs of its having bocn eoployod abroad* Tho
                               diversion of capital from trade to other purposes
                                is not in evidence.
                                                                            •J.
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