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The Fourth Financial and Economical Annual of Japan, 1904 (Classic Reprint)

The Fourth Financial and Economical Annual of Japan, 1904 (Classic Reprint)

          
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About the Book

Excerpt from The Fourth Financial and Economical Annual of Japan, 1904

It has already been stated that since, in addition to the Budget for the preceding year, there is the Budget relating to the \var finances which was passed by the Diet, a Budget of a special kind has come to be adopted for the 377th Fiscal Year; but as that relating to these far finances is naturally of a different character from the normal Budget for the year, it may be well to give here a separate description thereof.

When the negotiations between Japan and Russia took a turn as almost to cut off every hope of peace being maintained, it became imperatively necessary to make at once military preparations so as to be ready for all eventualities, and to find the requisite means therefor, an Urgency Imperial Ordinance was, in accordance with Article LXX of the Constitution, promulgated on December 28th last year as a Special financial measure, whereby authority was given for diverting the funds kept. Under special accounts, issuing Exchequer Bonds, and making temporary loans for the purpose of meeting the ex pendi tures required for military preparations. The total amount of disbursements which were sanctioned in accordance with the above Imperial Ordinance was Up to the end of March last almut yen, which it is proposed to raise by issuing Exchequer Bonds for yen, diverting yen of the funds kept under special accounts, and making temporary loans for the balance. The loan of you has already been floated with great success, the total amount subscribed reaching yea; and as the bonds were allotted chiefly among the lower classes, it is evident that in the event of another loan being raised at. Home, the nation still retains ample margin for responding thereto.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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Product Details
  • ISBN-13: 9781528598446
  • Publisher: Forgotten Books
  • Publisher Imprint: Forgotten Books
  • Language: English
  • ISBN-10: 152859844X
  • Publisher Date: 15 Feb 2019
  • Binding: Paperback


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