In 1908 Japan’s output of petroleum was 1,872,592 U. S. barrels. Echigo is by no means worked out: new fields are constantly being discovered in that province. Then petroleum has been found in Hokkaidō and in the Yamagata and Shizuoka prefectures. So that among Japan’s modern industries her oil trade may be pronounced to be full of promise. How the quality of the Japanese oil compares with the American and Russian brands, we are not told by the Jiji, but from other sources we gather that when properly refined Japanese petroleum is equal to the best American and Russian oils.

NATIONAL DEVELOPMENT.

The following table shows the national development in population, finance, trade, railway, vessels, telegraphs, savings, and currency, during the 30 years from 1872 to 1902.

Year.Population.
(in Thousand)
State Expenditure.
Yen.
Trade.
Yen.
Railway.
Miles.
187233,21057,730,02543,204,46218
187333,30062,678,60149,742,83018
187433,62582,269,52842,779,12038
187533,99769,203,24248,586,73838
187634,33859,308,95651,676,29665
1877(unknown)48,428,32450,769,42466
187860,911,33658,862,97468
187935,76860,317,57861,128,77273
188035,92963,140,89665,021,98798
188136,35871,460,32162,250,133122
188236,70073,480,66767,168,344170
188337,01783,106,85964,712,861244
188437,45176,663,10863,544,112262
188537,86861,115,31366,503,659353
188638,50783,223,96084,044,745430
188739,06979,453,03696,711,932593
188839,60781,504,024131,160,744912
188940,07279,713,671136,164,4721,136
189040,45382,125,403138,332,0861,339
189140,71883,558,891142,454,5401,716
189241,08976,734,740162,428,8331,870
189341,38884,581,872177,970,0361,938
189441,81378,128,643230,028,1412,118
189542,27085,317,179265,372,7562,290
189642,706168,856,509289,517,2342,507
189743,228223,678,844382,435,8482,948
189843,763219,757,568443,255,9093,120
189944,260254,165,537435,331,8023,638
1900....292,726,996491,691,8393,855
1901....266,856,824508,166,1874,026
1902....275,751,194
Year.Vessels.
Ton.
Telegraphic
Lines.
Ri.
Savings.
Yen.
Money in
Circulation.
Yen
187222,36487....132,611,498
187326,988806....159,423,361
187426,1201,758....157,660,830
187542,3041,83315,224154,931,596
187640,2482,15641,845163,692,344
187749,1052,876100,138175,432,023
187843,8993,512286,289221,994,874
187942,7633,842494,114215,912,239
188041,2154,489662,091203,994,171
188141,0445,078821,938195,742,688
188242,1075,4771,058,225186,376,681
188345,3505,8712,298,502182,625,317
188449,8456,1225,260,484177,978,053
188559,6136,2839,050,255181,433,916
188663,3146,35315,462,054198,557,838
188772,3226,81818,417,022200,157,163
188881,0667,58820,142,169207,825,609
188988,8168,19119,976,419220,748,343
189093,8129,25019,197,942205,408,438
189195,5889,11326,424,174210,872,584
1892102,3019,92030,031,483219,848,385
1893110,20510,23032,199.954244,847,437
1894169,41411,50232,772,652256,088,534
1895213,22112,21241,143,695291,665,016
1896227,84115,43146,693,884307,461,803
1897426,62418,36051,550,536330,470,142
1898464,24620,56152,532,992285,589,698
1899498,37624,34268,829,712332,702,090
1900534,23927,39072,897,286318,280,814
1901............306,315,006
1902

NOTE.—In expenditure, the figures from 1872 up to 1898 are taken from the settled account, and those of 1899, 1900, and 1901 from the actual account. 1902 is from the Budget. In railways, the figures show the mileages of the lines belonging to the government as well as those belonging to private firms opened to traffic at the end of the respective years. The tonnage of vessels shown in the table is that of steamers. Before 1896, the figures represented the aggregate amount of both registered and unregistered tonnage, while from that year up to 1902, the figures only represented registered tonnage. In savings, the figures show the total amount saved in the post offices as well in the savings banks at the end of the respective years. The figures from 1890 to 1900 indicate, however, the amounts of the postal savings only.

From the “Tōyō Keizai Shimpō” (Oriental Economist).

DEVELOPMENT OF THE FOREIGN TRADE OF JAPAN

From the official statistics we give a table of Japan’s foreign trade each year from 1868 to 1901, and for 1909.

Exports.
Yen.
Imports.
Yen.
Total.
Yen.
186815,553,47287010,693,07179026,246,544660
186912,908,97799020,783,63309033,692,611080
187014,543,01251033,741,63736048,284,649870
187117,968,60866021,916,72765039,885,336310
187217,026,64722026,174,81493043,201,462150
187321,635,44085028,107,39003049,742,830880
187419,317,30609023,461,81440042,779,120490
187518,611,11061029,975,62762048,586,738230
187627,711,52750029,964,67896051,676,206460
187723,348,52160027,420,90295050,769,424650
187825,988,14028032,874,83417058,862,974450
187928,175,77019032,953,00239061,128,772580
188028,395,38666036,626,60100065,021,987660
188131,058,88793031,191,24602062,250,133950
188237,721,75057029,446,59398067,168,344550
188336,268,01959028,444,84178064,712,861370
188433,871,46550029,672,64745063,544,112950
188537,146,69143029,356,96792066,503,659350
188648,876,31279032,168,43226081,044,745050
188752,407,68115044,304,25169096,711,932840
188865,705,51021065,455,234010131,160,744220
188970,060,70582066,103,766600136,164,472420
189056,603,50603081,728,580500138,332,086530
189179,527,27234062,927,268380142,454,540720
189291,102,75363071,326,079500162,428,833130
189389,712,86459088,257,171710177,970,036300
1894113,246,086150117,481,955460230,728,041610
1895136,112,177920129,260,578280265,372,756200
1896177,842,700620171,674,474250289,517,234870
1897163,135,077320219,300,771640382,435,848960
1898165,753,752880277,502,156510443,255,909390
1899214,929,894310220,401,925990435,331,820300
1900204,429,998980287,261,845680491,691,839560
1901252,349,542100255,816,644700508,166,187800
1909413,112,511..394,198,843..807,311,354
Imports Compared with Exports.
Increase.
Yen.
Decrease.
Yen.
1868.........4,860,401080
18697,874,655
187019,198,624850
18713,948,118990
18729,148,167710
18736,471,949180
18744,144,508310
187511,364,517010
1876.........3,746,848540
18774,072,381850
18786,886,693890
18794,777,232200
18808,231,214340
1881132,358090
1882........8,275,156590
1883........7,823,177810
1884........4,198,818050
1885........7,789,723510
1886........16,707,880530
1887........8,103,429460
1888........250,276200
1889........3,966,939220
189025,125,074470
1891........16,600,003960
1892........19,776,674130
1893........1,455,692880
18944,235,869310
1895........6,851,599640
189653,831,713680
189756,165,694320
1898111,748,403630
18995,472,031680
190082,831,851600
19013,467,101600
=1909=

The Wealth of Japan