Note 44 — INTRODUCTORY
Reading edition
On March 31, 1904, there were about 1,234,000 yen of these notes in circulation against a reserve of 944,000 yen. From the British C. and D. Reports; Trade of Korea for the Year 1903, pp. 7–8.
The Russians and their sympathizers at Seul have more than once tried, though unsuccessfully, to induce the Korean Government to suppress the issue of the notes. See pp. 281–284, below.