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The Russo-Japanese Conflict

Note 11 — INTRODUCTORY

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Or, about 23,000,000 acres for nearly 47,000,000 people. If we take only the land under cultivation, on the one hand, and only the farming population, on the other, the ratio still remains the same, for then we have 13,000,000 acres for 28,000,000 people. The aggregate of the capital involved in the agriculture of Japan, including the value of land, buildings, implements, and live stock, is estimated at 7,400,000,000 yen, while the annual crops return about 1,000,000,000 yen. See the 20th Century, pp. 105–106.

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