Evening Republican, Volume 15, Number 229, Rensselaer, Jasper County, 28 September 1911 — High Cost of Living In Japan. [ARTICLE]

High Cost of Living In Japan.

According to an article in Osaka Aschi, prices have gone up in Japan over -twofold in the last twenty years, while the purchasing value of the currency has sensibly declined. Taking the- average rate of prices in January, 1887, at 10Q and Hie value of the currency at the same tlihe at 100, the rate of prices in 1910 wonld be 228 and the value of currency 48, according to a table published by the Bank of Japan. {'Another table published by the same banks shows that the advance ill the prices of Imported goods has been comparatively small, while fibs rise in the price of goods produced for the home market and for export has been greater. Compared with the advance in prices in other countries the Japanese rate of advance has been about 2 per cent greater than that in London and New York. This may be dur to some special influence, such as the enormous expansion in the amount of money in circulation. /