Makers of Japan

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Methuen & Company, 1906 - 330 Seiten
Biography of Japanese emperors, princes, counts, field marshals and others.
 

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Seite 134 - When the Imperial Diet has not voted on the Budget, or when the Budget has not been brought into actual existence, the Government shall carry out the Budget of the preceding year.
Seite 134 - When the Imperial Diet cannot be convoked, owing to the external or internal condition of the country, in case of urgent need for the maintenance of public safety, the Government may take all necessary financial measures by means of an Imperial Ordinance.
Seite 291 - ... with these countries if she adopted gold monometallism. Some others said, Japan did not produce a sufficient amount of gold to be able to maintain permanently a gold standard system. Yet again others said, the silver yen exported to foreign lands exceeded one hundred millions, and if all these coins came back for exchange, as might possibly be the case, the national treasury would have to suffer an immence loss.
Seite 290 - It occurred to me, then, that on account of the inconstancy in the price of silver, as well as in view of the possible adoption of a gold standard by our country, it would be greatly to our advantage to receive the payment of the indemnity in British, instead of Chinese money. The Minister President of State, Marquis Ito, acting on my suggestion, negotiated with the Chinese Authorities, which led to our receiving the indemnity money in pounds sterling.
Seite 288 - ... development, Japan would have to enter sooner or later the international economic community, and that in order to do this she would have to adopt a gold standard. That the Government pursued a policy which led to the inevitable result of making Japan a de facto silver country, was owing mainly to the great difficulty of at once accumulating a large gold reserve necessary for the establishment of gold monometallism. It was thought advisable, therefore, to leave the latter, as the second end to...
Seite 285 - ... the measures adopted by the Government at this crisis seemed to show that the authorities did not grasp this simple truth. They regarded the difference in price between silver and paper as an indication, not of the depreciation of paper, but of the appreciation of silver. They attempted, therefore, to stop the rise of the price of silver by increasing the amount of its circulation. The Government sold silver coins, opened places for the exchange of Mexican dollars, and established the Yokohama...
Seite 126 - Japan is anxious to press forward. " The red disk in the centre of our national flag shall no longer appear like a wafer over a sealed empire, but henceforth be in fact what it is designed to be, the noble emblem of the rising sun, moving onward and upward amid the enlightened nations of the world.
Seite 123 - ... adopted. It will be a wise policy for Japan, therefore, to consider the trend of opinion in Western lands and establish her new system in accordance with the best teachings of modern times. It may be that for the time being, on account of the possible great loss to the country from the too sudden adoption of the gold standard, a silver standard may have to be maintained. Otherwise there is no question that gold is the best metal for the standard of value.
Seite 79 - Empire's ears and eyes to be turn*' ed in two different directions. The march of events has " brought about a revolution, and the old system can no "longer be obstinately persevered in. You should re" store the governing power into the hands of the sovereign, " and so lay a foundation on which Japan may take its " stand as the equal of all other countries.
Seite 139 - The Government of His Majesty the Emperor of All the Russias, in examining the conditions of the peace which Japan has imposed on China, finds that the possession of the Peninsula of Liaotung, claimed by Japan, would be a constant menace to the capital of China, would at the same time render illusory the independence of Korea, and would henceforth be a perpetual obstacle to the peace of the Far East.

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