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

EFFECTS ON PUBLIC FINANCE

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erable diminution in railway expenditures, a phenomenal
advance was recorded in the expenditures of practically all
other businesses.
EXPENDITURES FOR GOVERNMENT INDUSTRIES, 1900-I9IO a
Govern- Government Other
Fiscal ment manu- Government iron and public Total
year facture of railways steel manu- industries
war supplies facture
Yen Yen Yen Yen Yen
1900-I... I7,583,329 35,456,032 8,180,262 1,685,875 62,905,498
I9OI-2... 19,023,955 35,820,525 9,586,968 1,846,306 66,277,754
I902-3... 15,880,990 37,072,916 3,676,213 1,507,524 58,I37,643
1903-4.. I9,571,920 40,730,664 4,II2,359 1,373,497 65,788,440
(31,905) (1,300) (33,205)
I904-5.. 51,286,606 28,738,173 6,937,018 1,730,832 88,692,629
(I,651,953) (1,576,871) (3,228,824)
I905-6... 90,437,585 28,419,59I 11,262,603 2,226,888 132,346,667
(I,021,815) (2,307,271) (95,805) (3,424,89I)
I906-7... 49,421,96I 44,838,I93 I4,348,009 2,180,626 II0,788,689
(I62,247) (724,378) (724,378)
I907-8... 45,034,291 89,321,947 I4,838,I35 2,118,797 151,313,170
I908-9... 39,672,912 I09,775,0I1 I2,812,296 2,426,055 I64,686,274
I909-10.. 37,537,364 90,483,912 9,496,448 2,057,930 I39,575,654
a These statistics will be explained in detail by several other tables printed below. In the abovetable, the figures in parentheses indicate those parts of the amounts prefixed which were disbursed!
as extraordinary-affairs expenditures. Of course, these extraordinary items do not show the whole
extent of the positive effects of the war, but they are added here for reference.
As indicated in the foregoing table, the expenditures for the
manufacture of arms and war supplies, which ranged from
17,580,000 yen to 19,570,000 yen before the war, expanded during the war to sums varying from 50,280,000 yen to 90,430,000
yen. Though these figures fell considerably after the war, yet
the whole expenditures showed a striking increase, compared
with the pre-war time, owing to repletion and extension of armaments. The government railways expenditures totaled, before the war, from 35,450,000 yen to 40,730,000 yen, which
declined to amounts varying from 27,390,000 yen to 28,420,000
yen during the war. But after the war the nationalization and
purchase of a number of private railways, together with the
execution of the works suspended on account of the war,
brought about a sudden and remarkable advance in the expenditures for government railways. The steel business of
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