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Yet it appears by the admissions of Del Ryo, one of Alva's blood council, that, "Cardinal Granvelle expressly advised that an army of Spaniards should be sent to the Netherlands, to maintain the obedience to his Majesty and the Catholic religion, and that the Duke of Alva was appointed chief by the advice of Cardinal Spinosa, and by that of Cardinal Granvelle, as, appeared by many letters written at the time to his friends.

In this latter sum was included 40,000 ryo, customs duties collected at Nagasaki, and 6000 ryo yielded by a tax on sake. The same report mentions that a sum of 160,000 ryo had been expended in clearing away the volcanic ashes which fell in the three provinces of Musashi, Sagami, and Suruga after the great eruption of Fujisan.

Ieyasu had always made frugality and economy his leading principles. He had escaped the heavy outlays to which his fellow barons were condemned in connexion with the Korean campaign, since his share in the affair did not extend beyond collecting a force in the province of Hizen. Further, during his retirement at Sumpu, he saved a sum of one million ryo.

In his volume of reminiscences there is an interesting statement connected with finance. It quotes Hagiwara Shigehide, commissioner of the Treasury, as saying that the shogun's estate at that time yielded four million koku annually, in addition to which there accrued from 760,000 ryo to 770,000 ryo in money, representing the proceeds of dues and taxes.

During the year that followed the reconstruction of the auditor's office, the yield of the estates increased by 433,400 bags of rice, and the cost of riparian works decreased by 38,000 ryo of gold, while, at the same time, the item of shipwrecked cereals disappeared almost completely from the ledgers. In consequence of these charges the commissioner, Shigehide, was dismissed.

In this strait the people of Sakai appealed to a celebrated Buddhist priest named Kennyo, and through his intercession Hideyoshi agreed to ransom the town for a payment of twenty thousand ryo. The funds thus obtained were devoted to the repair of the palaces of the Emperor and the shogun, a measure which won for Nobunaga the applause of the whole of Kyoto. Oda Nobunaga was now in fact shogun.

Many thousands of ryo had to be spent, and the money was obtained by converting into coin a number of gold ingots in the form of horses, which Hideyoshi had stored in the treasury of the Osaka castle as a war fund. Five years later, that is to say, in 1614, the great image was completed and an imposing ceremony of dedication was organized.

Then feeling assured that she had put a curse upon Shuntoku, that wicked woman went home. And she said humbly, "I have returned;" and she pretended to be faithful and true. These numbers simply indicate a great multitude in the language of the people; they have no exact significance. Kago, a kind of palanquin. The ancient ryo or tael had a value approximating that of the dollar of 100 sen.

Yet it appears by the admissions of Del Ryo, one of Alva's blood council, that, "Cardinal Granvelle expressly advised that an army of Spaniards should be sent to the Netherlands, to maintain the obedience to his Majesty and the Catholic religion," and that the Duke of Alva was appointed chief by the advice of Cardinal Spinosa, and by that of Cardinal Granvelle, as, appeared by many letters written at the time to his friends.

He showed that the amount of coins exported from Nagasaki alone, during one year, totalled 6,192,800 ryo of gold; 1,122,687 kwamme of silver and 228,000,000 kin of copper.* He alleged that the greater part of this large outflow of specie produced nothing except luxuries with which the nation could very well dispense, and he therefore advised that the foreign trade of Nagasaki should be limited to thirteen Chinese junks and two Dutch vessels annually, while stringent measures should be adopted to prevent smuggling.