[66] Summary of the Financial Affairs of Korea, p. 5.
[67] In interpreting this it should be remembered that the Japanese sen is equal in value to one-half a cent in American gold, or about one farthing in English currency. 100 sen = 1 yen, and 1,000 rin = 1 yen.
[68] “There had been,” says Mr. D. W. Stevens, “some criticism because such a law was considered necessary; and Japanese legal procedure was accused of being defective, on this account, by certain foreign critics. But in the late seventies the British Court at Yokohama released a man who had been detected counterfeiting Japanese money, on the ground that there was no British law under which to punish him, and that Japanese law against counterfeiting did not apply to British subjects in Japan. And the highest British courts have held that a contract to smuggle goods into a foreign country is a valid contract as between British subjects in Great Britain.” The entire matter is dwelt upon at such length because it illustrates so well the inability of the Koreans for “independent” management of their own internal affairs, and also the animus and propriety of much of the anti-Japanese criticism.
[69] The quotations are from the pamphlet, Administrative Reforms in Korea, p. 11 f.
[70] See Summary of the Financial Affairs of Korea, p. 5.
[71] See the incidents—which are of a sort to be almost indefinitely multiplied—on page 285 f.
[72] Dr. Allen, then American Consul-General, in a report upon Educational Institutions and Methods in Korea, 1898.
[73] See Administrative Reforms in Korea, p. 4 f.
[74] Official Minutes of the Korean Mission Conference, 1906, p. 41.
[75] Korean Review, of February, 1904.