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

228 ECONOMIC EFFECTS OF THE RUSSO-JAPANESE WAR
vessels with a view to running them in the coastwise service,
or to call at ports not open to foreign trade to convey goods
or passengers. The following are the number and tonnage of
the foreign vessels which were under charter after the war
broke out, in accordance with this notification.
FOREIGN VESSELS CHARTERED, I904-1905
Date Number Tonnage
1904
February..................................... 7 18,790
March........................... 55 120,659
April......................................... 70 152,596
May........................................ 76 166,149
June........................................ 75 60,261
July......................................... 66 134,553
August....................................... 64 134,024
September................................. 72 142,338
October...................................... 65 127,026
November............................... 54 Io9,180
Decem ber................................... 50 92,819
1905
January.................................... 51 99,606
February..................................... 55 113,857
M arch...................................... 74 156,552
April....................................... 8 172,057
May........................................ 89 189,421
June......................................... 86 I84,489
July........................................ 84 179,864
August.................................... 75 163,718
September................................. 69 148,717
October................................... 62 137,749
On the other hand, new vessels were constructed and foreign
vessels were purchased to fill up the shortage in ships. Such
additions to our mercantile marine from January, I904, to
October, 1905, were as tabulated at the top of the next page.
Thus, I50,000 tons were chartered and 350,000 tons were
either constructed or purchased, bringing up the total of the
additions to half a million tons. It would appear from this
that the shortage of vessels was made good, but the fact was
not so simple. It must be remembered that those additions
were spread over the entire period of the war and not made
at one time, so that it was only in 1905 that the situation was
somewhat relieved. During the first months after the out