Expenditures of the Russo-Japanese war / by Gotaro Ogawa.

EFFECTS ON PUBLIC FINANCE

I27

GENERAL AND SPECIAL ACCOUNTS EXPENDITURES, I900-I9IOa
Fiscal year Taxation Monopolies Mint Oter finan-r Total
cial matters
Yen Yen Yen Yen Yen
I900-I... 3,877,838 9,634,625 987,405 6,354,752 20,854,618
(5,026) (3,530,340) (3,535,366)
I901-2.... 4,109,0I0 8,298,I44 979,514 5,298,664 18,685,332
(2,304,361) (2,304,361)
I902-3.... 4,387,177 8,202,018 736,782 4,117,497 I7,443,474
(I,708,686) (1,708,686)
I903-4.... 4,437,226 II,593,560 1,472,56I 5,157,433 22,660,780
(370,310) (I,042,715) (I,413,025)
I904-5.... 4,645,74I 20,080,410 4,322,920 II,319,366 40,368,437
(337,578) (5,118,029) (7,179,612) (I2,635,219)
I905-6.... 5,628,615 43,151,095 9,622,649 7,418,273 65,820,632
(790,354) (17,620,280) (I,190,358) (19,600,992)
1906-7.... 6,249,335 38,676,198 9,217,476 10,683,230 64,826,239
(65,445) (1,865,431) (I,801,206) (3,732,083)
I907-8.... 6,600,787 41,066,067 12,181,407 I8,551,267 78,399,528
(8,004) (I,009,755) (3,020,595) (4,038,354)
I908-9.... 7,612,598 39,541,239 II,I04,I83 23,685,364 81,943,384
(9,495) (9,585,224) (9,594,719)
I909-10... 7,734,594 39,I29,685 8,455,729 21,333,283 76,652,291
(12,914) (5,038,295) (5,051,209)
a These figures represent the total expenses belonging to the general and special accounts. The
figures in parentheses denote those parts of the prefixed amounts which were disbursed as extraordinary affairs expenses. The expenditures belonging to the special accounts had no distinction made
as between ordinary and extraordinary expenses, so that these expenses are all treated here as
ordinary expenses for the sake of convenience.

deficits, and the increases in the cost for building and repairing. Though this increase was only to a slight extent the
direct consequence of the war, it must be said that the amount
rose as a result of the inflation of public finance. Thus, the
expenditures for financial affairs other than the expenses for
national debt and pensions and annuities showed also a
noteworthy rise in amount after the outbreak of the war from
the total of some 20,000,000 yen before the war to some 70,ooo,ooo yen after the war.
Expendituresfor government industries
What we call government industries in Japan include, in
the broadest sense of the term, all the industries which are
owned and operated by the government, yielding revenues in
return for expenditures. Consequently, the government industries comprise (I) industries undertaken for profit, such as