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

CHAPTER V EFFECTS ON INDUSTRY GENERAL REMARKS Industry always goes hand in hand with trade; rarely does one prosper without the other. In the early stage of the war, trade, especially home trade, was hit hard, but with the progress of the war it somewhat rallied. On the whole, trade suffered comparatively little, considering the magnitude of the war. This statement applies to industry with equal force. To be more precise, trade was affected chiefly in the lines of luxuries for home consumption, but suffered little or no damage in lines of daily necessaries, while the trade in war supplies as well as the foreign trade in general increased. We have said that industry was most seriously affected in the early stage of the war, but the statement is in danger of being challenged when examined from a certain point of view. For instance, a cursory survey of the statistics regarding the numbers of factories and workmen would clearly tend to misconception. AVERAGE NUMBER OF WORKERS PER DIEM IN FACTORIES, 1902-1906 Workers 1902 1903 1904 1905 I906 Male................. 185,622 182,404 207,95I 240,288 242,944 Female............... 313,269 301,435 318,264 347,563 369,233 Total.. 498,891 483,839 526,215 587,851 612,177 These figures show the steady increase in the number of workers in the first and second years of the war. It might be concluded from this that the war exerted a favorable influence upon industry from its beginning; but nothing is farther from the truth. The industry of Japan being mostly hand-work and more than half the articles turned out being by-products, 204

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Title
Expenditures of the Russo-Japanese war / by Gotaro Ogawa.
Author
Oyama, Hisashi.
Canvas
Page 204
Publication
New York :: Oxford University Press, American Branch,
1923.
Subject terms
Russo-Japanese War, 1904-1905
Finance -- Japan.
Japan -- Economic conditions

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"Expenditures of the Russo-Japanese war / by Gotaro Ogawa." In the digital collection Digital General Collection. https://name.umdl.umich.edu/aex7641.0001.001. University of Michigan Library Digital Collections. Accessed June 3, 2025.
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