Page:Japan by the Japanese (1904).djvu/417

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BANKING
379

The increase of private banks since 1895 was as follows:

Years. Number of
Head Offices.		 Branch and
Sub-branch
Offices.		 Capital.
Yen.
1895
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
0,908 0,407 079,998,879
1896
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
1,215 0,604 159,128,444
1897
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
1,532 1,016 253,242,114
1898
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
1,758 1,357 307,235,534
1899
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
1,982 1,492 338,156,909
1900
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
2,289 1,895 405,674,160
Number of Ordinary Banks and Savings Banks, with their Capital.
Kinds of Banks. Number of
Head Offices.		 Branch and
Sub-branch
Offices.		 Capital.
Ordinary banks: Yen.
Joint stock companies
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
1,540 1,211 321,451,365
Joint stock limited partnerships
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
0,001 0,002 000,452,000
Limited partnerships
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
0,135 0,044 009,847,475
Ordinary partnerships
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
0,062 0,061 015,340,500
Individual
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
0,116 0,056 009,052,520
Total
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
1,854 1,374 356,143,860
Savings banks
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
0,435 0,0521 049,530,300
Total
…          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …          …
2,289 1,895 405,674,160

II. The Banking System

By Mr. Yamamoto,
Formerly Governor of the Bank of Japan

Though the Japanese seem rather excitable and changeable on the surface, I trust that they have solid good sense at the bottom, and know how to control themselves when in danger. The Chino-Japanese war and the subsequent indemnity resulted in very large undertakings, which developed so rapidly that sufficient money was not forthcoming to keep pace with the growth. The financial distress of 1900–1901 was undoubtedly the outcome of this over-capitalization, and may be considered as a stage in the history of our industrial progress.

After the Chino-Japanese War, money being plentiful, the price of almost every commodity rose, and the Japanese became much more luxurious in their mode of life. Hence, for

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