ABSTRACT

THE Empire of Japan has often been compared to the British Isles, and they have many features in commongeographical, climatic and economic, but in one important respect the comparison does not hold good. Japan possesses an important part of the mainlandChosen-formerly Korea, and the large southern island of Taiwan, formerly Formosa. These two outside possessions have some effect on the banking institutions of the country, and each of them has a specialized institution of its own which has attained a position of some international importance.