Synopses & Reviews
Synopsis
Excerpt from Report on the Post-Bellum Financial Administration in Japan, 1896-1900
Again, with the object of equalizing the burdens of taxation, the Government revised the regulations for stamp duties and took steps to adjust the land affairs in Oki nawa prefecture. Moreover, in order to avail ourselves Of all the advantages that might be obtained from the newly revised treaties with foreign nations, a thorough reorganization of the system of customs duties was planned, by enacting the customs regulations and putting into Operation the tariff regulations.
The amount Of the public loan to be issued beginning with 1896 - 97, was no less than about yen, excepting the railway construction loan for the first period, previously decided upon. The Government took pains that the revenue obtained from going into this immense debt should all be spent, except the amount spent for a portion of the military and naval armament expansion scheme for the first period, for measures calculated toward the growth of industry, such as the improvement and extension of the means of communication. In raising loans, care was also taken to avoid, as far as possible, causing disturbance in the money market, by making careful studies of the conditions of the money market both at home and abroad.
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