Note 137 — Chapter I · RETROCESSION OF THE LIAO-TUNG PENINSULA
Reading edition
The position which the military and naval expenditures have occupied in the finance of the Japanese Government since the war of 1894–5 may be gathered from the following table (unit, 1000 yen; yen = 49.8 cents):—
Total revenue of the Government Total expenditures of the Government Army and navy expenditures Ratio of the last two
1894–5[139] 98,170 78,128 20,662 26.4%
1895–6[139] 118,432 85,317 23,536 27.6%
1896–7[139] 187,019 168,856 73,248 43.4%
1897–8[139] 226,390 223,678 110,542 49.3%
1898–9[139] 220,054 219,757 112,427 51.1%
1899–1900[139] 254,254 254,165 114,212 44.9%
1900–1[140] 295,854 292,750 133,113 45.4%
1901–2[141] 274,359 266,856 102,360 38.3%
1902–3[141] 297,341 289,226 85,768 29.7%
1903–4[142] 251,681 244,752 71,368 31.7%
1904–5[143] 229,855 223,181 69,433 31.1%