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

COST OF THE WAR 47
the utilization of national wealth, and for other purposes.
The interest on the national loans totaled some 78,630,000
yen; the expenses for the tobacco monopoly, some 15,280,000
yen; the expenses for the salt monopoly, some 9,8Io,ooo yen;
the expenses in connection with the issue of the bonds and
the national bonds in general, I3,050,000 yen; and the taxation expenses, some 1,120,000 yen. The expenses for the
utilization of national wealth, some 1,360,000 yen in total,
were those expenses required in connection with the handling
of loan subscriptions, the issue and conversion of military
convertible notes at the front, and the mintage and transportation of silver coins for circulation in Manchuria. The subjoined table shows the details:
FINANCIAL ADMINISTRATIVE EXPENSES, I903-I908 a
I903-4 I904-5 I905-6 I906-7 I907-8 Total
National debts interest Yen Yen Yen Yen Yen Yen
Public loan interest..... 7,004,329 66,136,777........ 73,I4I,106
Temporary loan interest............. 3,755,701 1,738,648........ 5,494,349
Total...............,760,030 67,875,425........ 78,635,455
Expenses in connection
with the issue of
national loans.... 204,883 2,481,256 7,004,962 3,368,844.... 13,059,945
Monopoly expenses
Tobacco monopoly
expenses........... 4,444,321 9,792,6II 630,271 413,i58 15,280,361
Salt monopoly expenses............ I52,345 7,827,669 1,235,I60 596,597 9,8II,771
Total............... 4,596,666 17,620,280 1,865,431 I,009,755 25,092,132
Taxation expenses......... 337,578 790,354........ 1,127,932
Expenses for utilization
of national wealth. 46,496 500,958 476,736 337,521.... 1,361,7r1
Miscellaneous expenses.... I83,037 296,788 I07,432 5,964 593,221
Grand total...... 251,379 I8,859,541 94,064,56I 5,679,242 1,015,720 II9,870,443
a This table is compiled from the expenses relating to financial matters under the control of the
Department of Finance. Fractions of yen are included in the grand total but are excluded from
the totals of other items; hence the difference in sums.
To sum up the foregoing statements under the various
heads of the war-time administration expenses, the ordinary
administration expenses totaled some 14,320,000 yen, or 6.5
per cent of the grand total; the expenses relating to Manchuria