"Inconvertible" Quotes from Famous Books
 ... at the outset to a discount of fifty per cent, and various devices, more or less despotic, were employed to compel their circulation at par. By degrees, however, the Government's credit improved, and thus, though the issues of inconvertible notes aggregated sixty million yen at the close of the first five years of the Meiji era, they passed freely from hand to hand without discount. But, of course, the need for funds in connexion with the wholesale reforms and numerous enterprises ...
— A History of the Japanese People - From the Earliest Times to the End of the Meiji Era • Frank Brinkley and Dairoku Kikuchi |
