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

TABLE D.-INCREASE IN REVENUE FROM FOREIGN AND DOMESTIC LOANS, I902-I908a
Loans I902-3 1903-4 I904-5 1905-6 I906-7 1907-8
Domestic:
Loans connected with Russo- Yen Yen Yen Yen Yen Yen
Japanese War........... 96,977,350 373,125,275 632,749,375 583,729,250 574,001,350
Others............... 432,550,811 441,332,521 458,517,902 466,980,997 465,817,253 514,643,878
Total................. 432,550,811 538,309,87I 831,643,177 I,099,730,372 I,049,546,035 1,088,645,228
Foreign:
Loans connected with RussoJapanese War................. 507,676,000 I,044,64I,000 1,269,174,379 I,054,403,024
Others.................. 97,630,000 97,630,000 97,630,000 97,630,000 101,535,200 111,298,200
Total................. 97,630,000 97,630,000 605,306,000 1,142,271,000 I,370,709,579, I65,70I,224
Grand total............. 530, 80o,8i 635,939,87I I,436,949,I77 2,242,001,372 2,420,256,082 2,254,346,452
Total foreign and domestic
loans connected with RussoJapanese War.............. 96,977,350 880,801,275 1,677,390,375 I,852,903,629 I,628,404,374
Total of other loans......... 530, I80,8 I 538,962,521 556,147,902 808,685,997 1,035,976,453 I,094,566,078
a This table is based upon the Annual Report for 1907-8 of Statistics of National Debt. The second 4 per cent sterling bonds of 244,075,000 yen (I905-8)
and 5 per cent sterling bonds of 224,549,000 yen (9o06-8) were both consolidated loans in reality, but the former having been issued for the conversion of
the first and second issues of our exchequer bonds, and the latter for the conversion of the first and second 6 per cent sterling bonds, they are included
among war loans in this table.

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