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

xvi

CONTENTS

III Effects on Monetary Circulation............. 60
General Remarks......................... I60
Supply and Demand of Capital............ 67
General survey......................... 167
Changes in the rate of interest........... 69
Bank deposits and loans................. 172
Inflation of Convertible Notes and Specie
Reserve............................... 176
IV Effects on Commerce....................... 80
General Rem arks......................... 80
Domestic Commerce...................... I80
General View of the Effects................ 80
Observations according to classes of business I84
Observations according to localities....... 86
Foreign Trade........................... 188
General view of the effects............... 88
Observations according to merchandise.... I92
Observations according to countries....... 99
V Effects on Industry......................... 204
General Remarks......................... 204
Conditions of Industrial Capital............ 206
Conditions of Manufacturing Workers....... 213
Amount of Manufactured Goods........... 216
VI Effects on Communications.................. 218
General Remarks......................... 218
Land Transportation...................... 218
Effects on Shipping....................... 225
General observations.................... 225
Effects on home routes.................. 227
Effects on foreign routes.................230
Too many vessels after the war..........232
VII Effects on Agriculture....................... 234
General Remarks......................... 234
Burdens of the Farming Class..............235
General Economy........................ 238
Changes in Various Other Directions........241
VIII Effects on the National Life................ 244
General Remarks......................... 244
Wages and Prices.........................244
The Distribution of Wealth................249
IX Conclusion............................... 251
IN DEX........................................... 253