Word: yen
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...fighting side, Japan had scant trouble taking Germany's Chinese port of Kiao-chiao and Pacific islands, supplied some destroyers for troop convoys in the Mediterranean. Japan's total War dead: 300 men, mostly from illness. In money, Japan lent her Allies only 618,000.000 yen ($308,000.000). Britain repaid her share of this in 1919 to Japan out of monies borrowed from the U. S. The rest has since been largely repaid...
Japan's further activities in its Allies' behalf were chiefly two: 1) supplying textiles; 2) taking away their Eastern markets. From having an adverse trade balance in 1914 Japan suddenly found herself piling up the fantastic Wartime export surplus of 2-) billion yen ($1,246.000,000). Shipping receipts rose from 43,000,000 yen in 1914 to nearly...
...remnants of pre-War Japan. Its members invested in stucco villas and saxophones, art works and sex novels, phonographs, geisha girls and the best Scotch whiskey and earned the contemptuous nickname of nankin (chess pawns promoted by crossing the board). The fantasy lasted until 1923 when a 52 billion yen earthquake jolted Japan and proved a forerunner of Depression. Even today most moneyed Japanese are regarded by the Army and patriotic zealots (see below) as tainted with profiteering, and Japanese morals have never recovered from the plunge they took during the World War. In 1933, the latest year for which...
...guilder should go the way of the yen, pound and dollar, it is certain that Indonesia would increase her sales. But is it certain that the yen, pound and dollar will not dance on down an insane spiral with no bottom? And should Dutchmen join in such a dance? Brave Retreat. In The Hague last week Premier Colijn introduced his new Cabinet thus: "We will defend the guilder against devaluation! The people of The Netherlands must maintain their spirit and assist the Government in fighting the Depression under adverse circumstances!" This sounded as if the Premier had an aggressive program...
Because of the close alliance of the Government with the vice interests . . . one such scandal, occurring in a very recent year, involved a Premier, the heads of the three leading political parties, a governor and other Japanese officials in a million-yen bribery case...