Note 17 — Chapter VII · THE FINANCES OF JAPAN
Richard Davey translation
The Japanese took care to stipulate that the indemnity should be paid in gold at the exchange of the tael in 1895, which allowed them to know exactly on what amount of money they could count, which was of extreme importance to them, Japan having adopted the gold standard, and the greater part of the indemnity being destined to be spent in purchases in Europe and the United States.