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Men, Money And Land

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Chapter Summary

It is now well known that a favorite financial device in Manchuria was to issue paper currency in the season when the grain and bean harvests came on the market. One of the effects of the Japanese occupation was to wreck the landlord classes, without substituting a new system. It is obvious that as far as economic stabilization is concerned, reform of the currency must be subsidiary to stabilization of the land. Until men know their relation to the land they till and the grain they harvest; until they know whether they can acquire land for themselves from a newly created public domain or whether they are merely to work for new landlords, and until it is clear whether landlords, bankers and the handlers and transporters of grain are to be as closely linked together as they were before, there can be no firmness in the economic structure.

Keywords: bankers; economic stabilization; land; landlord classes; Manchuria; men

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