Johns Hopkins University Studies in Historical and Political Science (Paperback)

This historic book may have numerous typos, missing text, images, or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1903. Not illustrated. Excerpt: ... THE HISTORY OF JAPANESE PAPER CURRENCY (1868-1890) 20HNS HOPKINS UNIVERSITY STUDIES -- IN Historical And Political Science (Edited 1882-1901 by H. B. Adams) J. M. VINCENT J. H. HOLLANDER W. W. WILLOUGHBY Editors THE HISTORY OF JAPANESE PAPER CURRENCY (1868-1890) BY MASAYOSHI TAKAKI. S. B. BALTIMORE THE JOHNS HOPKINS PRESS PUBLISHED MONTHLY MAY, 190; CONTENTS PAGE Introduction 7 CHAPTER I.--Genesis Of Japanese Paper Currency. Political condition of the country reviewed 9 Financial condition of the government before the issue of paper currency 10 Measures of the government 10 Confiscation of the Tokugawa Domains 11 Contraction of a domestic loan 12 Plan of paper currency proposed 13 Mr. Mioka on the subject of the issue 14 Difficulties to be encountered 15 Legislation of May, 1868 IS Objects of the paper issue 16 To defray the government expenditure 17 To lay a sure basis of national prosperity 18 CHAPTER II.--Circulation Of The Paper Currency. Difficulties of circulation 19 Opposition of Daitnyos and Samrais 19 Policy of the government 20 Postponement of the emission 21 Enforcement by law 21 Popular refusal to accept paper currency 21 Lack of confidence 22 Existence of "clan-notes" 22 Indefiniteness of the law 22 Measures taken by the government 24 Way opened for the circulation by legislative measures 26 Appearance of counterfeit currency 26 CHAPTER III.--Kinds Of Paper Currency. PAGE Clan-notes 28 Government notes 32 Civic department notes 33 Treasury convertible certificates 34 Colonial convertible certificates 38 New paper money 39 Improved new paper money 44 CHAPTER IV.--Redemption Of Paper Currency. Notes issued to cover temporary deficit and reissued shortly after issue 45 Notes issued to defray the public expenditure and added to the permanent pu...