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Updated: May 10, 2025
Comparing the aggregate thus exported during the 107 years since the Keicho era with the amount coined in Japan during the same interval, it is found that one-quarter of the gold coins and three-quarters of the silver left the country.
When Horio Yoshiharu, the great general who became daimyo of Izumo in the Keicho era, first undertook to put a bridge over the mouth of this river, the builders laboured in vain; for there appeared to be no solid bottom for the pillars of the bridge to rest upon.
From the first day of assuming administrative power, Yoshimune gave earnest thought to reform of the currency. His ambition was to restore the gold and silver coins to the quality and sizes existing in the Keicho era. This he effected, though not on a sufficiently large scale. It was a thoroughly wholesome measure, but the quality of the precious metals available did not suffice.
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