Foreign Relations of the United States Diplomatic Papers, 1935, The Far East, Volume III

611B.9417/54

The Department of State to the Japanese Embassy⁷²

The customs statistics of imports of cotton piece goods into the Philippine Islands for the first two quarters of 1935 apparently afford the best available basis for estimating probable consumption in the Philippines during the remainder of 1935 and probably during the next two or three years.

Total imports	Imports from the United States	Imports from Japan	Imports from other sources
	(in square meters)
	First Quarter 1935
23,862,915	8,261,665	14,377,266	1,223,984
	Second Quarter 1935
21,980,207	10,284,172	10,912,669	763,366

It is apparent from these figures that

(1) On the basis of Philippine takings of cotton piece goods during the first six months of 1935, the annual consumption would be 91,646,244 square meters, and, with 3,974,700 square meters imported from “other countries” the total demand for cotton piece goods from the United States and Japan would be 87,671,544 square meters.

(2) On the basis of the figures for the second quarter of 1935, however, total annual consumption in the Philippines would be only 87,840,828 square meters and the total consumption of goods imported from the United States and Japan would be only 84,787,364 square meters.

(3) On the basis of the figures for the second quarter of 1935, the annual rate of importation of cotton piece goods from Japan would be 43,650,676 square meters.

[ Washington ,] July 24, 1935.

72. Handed to the Counselor of the Japanese Embassy by the Assistant Secretary of State on July 26.