Pictorial Chosen and Manchuria . difference lieing that the Bank of Chosen notes take the place of the Bankof Japan notes, and the existence of a small amount of copper cash. The Bankof Chosen notes are issued against gold coins, gold and silver bullion, and Bankof Japan notes, and also against bonds and commercial pajjers of a reliablenature. From the time that the privilege of note-issue was granted to the Bank >up to the present time, the progress of has been highly the time of its establishment, 1909, the Dai Ichi Ginko notes then in cir-culation amounting to
Pictorial Chosen and Manchuria . difference lieing that the Bank of Chosen notes take the place of the Bankof Japan notes, and the existence of a small amount of copper cash. The Bankof Chosen notes are issued against gold coins, gold and silver bullion, and Bankof Japan notes, and also against bonds and commercial pajjers of a reliablenature. From the time that the privilege of note-issue was granted to the Bank >up to the present time, the progress of has been highly the time of its establishment, 1909, the Dai Ichi Ginko notes then in cir-culation amounting to Yen 11,833,127 were made over to the Bank. Thisconstitutes the first note issue of the Bank. The amount increased to Yen115,523,(>70 at the end of 1918, showing an expansion nearly^ten times. This increase in circulation of the Banks notes is, of course, largely dueto the economic growth of Chosen, but at the same time is the result in no 59 98.
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Keywords: ., bookcentury1900, bookdecade1910, bookidpictorialcho, bookyear1919
