ABSTRACT

This chapter talks about Japan's Financial Burdens and Resources. Japan appears to have no financial burdens, if burdens be taken to mean something that is inconveniently felt, that is difficult to carry. Japan seems to be in somewhat the same position in regard to finance as France was after the close of the war with Germany when the former nation found itself saddled with a tremendous debt incurred for war expenditure and the indemnity which had to be paid to the conquering nation. During the late war, in that with China, the Mitsui house had immense transactions with the Government in providing war material, steamers for transport and supplies. Though the late war did produce, as this chapter supposes all wars do, peculation, most of it was discovered and the punishment of the culprits was sharp and decisive. There was no opportunity for financial scandals in the campaign with Russia such as occurred during the South African War.