China banking in India during troubled years

China banking in India during troubled years

SELL India & BRITISH banknotes,STAMPS,ANCIENT COINS FROM pre ALEXANDER PERIOD,world postal history from 1840,FARMANS-kings documents,ETC ,TELUGU@YANDEX.COM, +91 9676050300

SEE HISTORY OF HOW JAPANESE AMERICAN INDIA BANKNOTES,PRINTED AS JAPAN BANKNOTES

SEE HISTORY OF HOW JAPANESE AMERICAN INDIA BANKNOTES,PRINTED AS JAPAN BANKNOTES,
japan banknotes,rare japan banknotes,Central bank of Western India,american rare banknotes,World rare banknotes,yokohama specie banknotes,indian banknotes,hansatsu,
Japan's feudal chiefs all issued their own money, hansatsu, in an array of incompatible denominations, but the New Currency Act of Meiji (1871) did away with these and established the yen as the new decimal currency. The former han became prefectures and their mints became private chartered banks which, however, initially retained the right to print money. For a time both the central government and these so-called "national" banks issued money; to end this, the Bank of Japan was founded in Meiji 15 (1882) and given a monopoly on controlling the money supply.
The Bank of Japan issued its first banknotes on Meiji 18 (1885), and despite some small glitches --$$$ FOR EXAMPLE $$$It turned out that the konnyaku powder mixed in the paper to prevent counterfeiting made the bills a delicacy for rats $$$$$$,;the run was largely successful.In 1897 Japan joined the gold standard and in 1899 the former "national" banknotes were formally phased out.

SELL India & BRITISH banknotes,STAMPS,ANCIENT COINS FROM pre ALEXANDER PERIOD,world postal history from 1840,FARMANS-kings documents,ETC ,TELUGU@YANDEX.COM, +91 9676050300

Rare China Japan Banknotes and Banking

Rare China Japan Banknotes and Banking

日本銀行 Nippon Ginko history

Rare China Japan Banknotes and Banking
Bank of Japan was founded after the Meiji Restoration. Prior to the Restoration, Japan's feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations, but the New Currency Act of Meiji 4 (1871) did away with these and established the yen as the new decimal currency, which had parity with the Mexican silver dollar.The former han (fiefs) became prefectures and their mints became private chartered banks which, however, initially retained the right to print money. For a time both the central government and these so-called national banks issued money. A period of unanticipated consequences was ended when the Bank of Japan was founded in Meiji 15 1882 after a Belgian model. It has since been partly privately owned its stock is traded over the counter, hence the stock number. A number of modifications based on other national banks were encompassed within the regulations under which the bank was founded.The institution was given a monopoly on controlling the money supply in 1884, but it would be another 20 years before the previously issued notes were retired.

SELL India & BRITISH banknotes,STAMPS,ANCIENT COINS FROM pre ALEXANDER PERIOD,world postal history from 1840,FARMANS-kings documents,ETC ,TELUGU@YANDEX.COM, +91 9676050300