Report on the Adoption of the Gold Standard in JapanPrinted at the Government Press, 1899 - 389 pages |
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Common terms and phrases
1-yen silver coins 100 silver yen 26th Meiji according adopted April August average quotation Bank of Japan bills of exchange British dollar capital cent Central Bank Chinese circulation Coinage Adjustment Fund Coinage Law coinage reform coinage system convertible bank notes convertible notes Count Matsukata December deposited depreciation disbursed discounting English standard silver exported Finance Minister foreign Formosa gold and silver gold coins gold standard Government bonds Government paper money Government Treasury Hongkong Imperial Ordinance Indemnity money Japanese yen July June loans London March Mexican dollar million yen Minister of Finance minting momme month National Bank November October one-yen silver coin Osaka ounce of English payment price of silver profit promissory notes Public Debt Bureau redemption Regulations Reserve Fund September Shanghai silver bullion silver ratio silver standard Singapore sold Special Comptabilité Straits Settlements taels Tokio trade transactions Wei-hai-wei yen yen yen Yokohama Specie Bank
Popular passages
Page 147 - Tien, the Chinese Government engage to pay to the Japanese Government 30,000,000 Kuping taels on or before the 16th day of the llth month of the 28th year of Meiji, corresponding to the 30th day of the 9th month of the 21st year of Kuang Hsu.
Page 6 - Assistants must be furnished, maps, charts, photographs, apparatus for research must be provided. A liberal supply of books of a class not required for the general purposes of the library must be had. In short, a considerable addition to our present expenses is involved. This is stated frankly so that there may be no misunderstanding on the part of the Regents or of the public.
Page 174 - The l-yen silver coin hitherto issued shall be gradually exchanged for gold coin, according to the convenience of the Government, at the rate of one gold yen for one silver yen. Pending the completion of...
Page 51 - ... issued. They shall go into operation on the 1st day of July of the 17th year of Meiji (1884). Imperial Ordinance No. C promulgated in September of the 7th year of Meiji (1874), will cease to be effective one year after the day these Regulations are issued. The Convertible Bank Note Regulations. Art. I. The Convertible Bank Notes shall be issued by the Bank of Japan, in accordance with the provisions of Art. XIV of the Regulations concerning the Bank of Japan. These Bank notes shall be convertible...
Page 358 - Most particularly in the last few years, when national expenditures for things bought abroad, such as war ships, etc., have greatly increased in amount, we have doubtless been able to avoid, on account of our coinage reform, great losses on the part of the national treasury. Besides, since our adoption of the gold standard, our Government bonds have been sold in no small amount in the European market, so that their names appear regularly in the price list of the London Stock Exchange.
Page ii - Reasons for basing the Japanese new coinage on the metric system." According to the coinage system recently adopted in Japan, the silver yen is the standard unit of value, so that it may be used as legal tender in transactions to any amount ; the smaller coins, various fractions of one yen, are to be the subsidiary medium of exchange, each kind being permitted as legal tender in transactions amounting to one hundred times its value. There is besides the gold yen, but it is subsidiary, and may be...