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

214 ECONOMIC EFFECTS OF THE RUSSO-JAPANESE WAR was most marked in the early stage of the war, but improved with its development. Immediately after the outbreak of the war in 1904 industrial circles suffered no shortage of labor. On the other hand, workmen found it difficult to secure employment, owing to the retrenchment of enterprises and the consequent decrease in the demand for labor, which led to the lowering of wages. With the progress of the war, however, the general market recovered its activity, the demand for labor began to increase, and the number of men in active service gradually grew greater. This was particularly noticeable in and after the beginning of 1905. All this explains the shortage of labor and consequent rise in wages in the later stages of the war. Though we have no monthly statistics of wages to prove it, we believe the above statement is not erroneous. The following table indicates the changes in wages according to kinds of labor: 1902 1903 1904 1905 1906 I907 1908 Workers connected with clothing and outfits: Dyers..10........II5 105.0 IOO~p-) ioo.6(-) i11.6 131.8 136.i Tailors. 114.0 II2.5 II2.0(-) I2o.6(-) I26.5 I34.7 I37.9 Foot-gear makers. 111II.2 110.0 i io.8(- I I3.2(- 17 I 267 13. Average..1..... 07.8 io8.6 io6.8(-) II2.5(-) I2I.5 I31.5 I36.6 Workers connected with foods and drinks.....iofi.6 111.2 io8.6(-) III.2(-) I13.4 I25.8 133.0 Workers connected with building: Carpenters and plasterers. 110.7 111.9 I09.2(-) II2.5(- 122.3 144.3 156.7 Mat and fitting makers.. 0i8.i 110.1 I04.7(-) 109.4(-) i18.2 138.6 152.8 Average........ 110o.0 111.5 io8.o(-) iii.8(-) 121.3 142.9 155.7 Workers connected with manufacture of furniture: joiners.109........8 110.3 Io6.o(-) 12.3(-) I19.1 131.9 139.6 Metaliworkers.11..... 4.0 112.7 II4.0(-) i8. (-) I25.9 136.9 144.3 Average.111..... I7 111.3 I09.5(-) 14.9(- 122.1 I34.1 148.6 Miscellaneous..10..... 8.4 109.5 io8. i(-) 12.4(- ii6.7 138.0 148.7 Average........107.7 109.5 I07.5 (-) 12.1 (- 118.4 I34.I 143.0 Wages in almost all kinds of labor went down in 1904. The only exceptions were the wages of foot-gear makers and of metal workers. This was due, how~ever, to a large demand for labor of shoe-makers and blacksmiths, who were wanted for the manufacture of war supplies. This general fall in wages was more discouraging to workers when its practical

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Title
Expenditures of the Russo-Japanese war / by Gotaro Ogawa.
Author
Oyama, Hisashi.
Canvas
Page 214
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 1, 2025.
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