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As an instance of ludicrous luxury it may be mentioned that the timbers intended for the repair of the castle in Yedo were wrapped in wadded quilts when transported to the city from the forest. Finally, the treasury became so empty that, when the shogun desired to repair to the mausolea at Nikko, which would have involved a journey of ten days at the most, he was compelled to abandon the idea, as the officials of the treasury declared themselves unable to find the necessary funds. That sum was calculated at 100,000 ryo, or about as many pounds sterling, which fact is alone sufficient to convey an idea of the extravagance practised in everything connected with the Government. The immediate outcome of this incident was the summoning of a council to discuss the financial situation, and after much thought the suggestion of Hagiwara Shigehide, chief of the Treasury, was accepted, namely, wholesale debasement of the gold, silver, and copper coins. The old pieces, distinguished as "Keicho coins," that being the name of the year period (1596-1614) when they were minted, were replaced by greatly inferior "Genroku coins" (1688-1703), with the natural results--appreciation of commodities and much forging of counterfeit coins. Presently the Government is found levying a tax upon 27,200 sake brewers within the Kwanto, and, in 1703, fresh expedients became necessary to meet outlays incurred owing to a great earthquake and conflagration which destroyed a large part of Yedo Castle and of the daimyo's mansions. Further debasement of the currency was resorted to, the new coins being distinguished by the term "Hoei," after the name of the year-period when they were minted. About this time several of the feudatories found themselves in such straits that they began to issue paper currency within their dominions, and this practice having been interdicted by the Bakufu, the daimyo fell back upon the expedient of levying forced loans from wealthy merchants in Osaka. Meanwhile, the crime of forgery became so prevalent that, in the interval between 1688 and 1715, no less than 541 counterfeiters were crucified within the districts under the direct control of the Bakufu., The feudatory of Satsuma is credited with having justly remarked that the victims of this cruel fate suffered for their social status rather than for their offence against the law, the real counterfeiters being Yanagisawa and Hagiwara, who were engaged continuously in uttering debased coins. It must be admitted in behalf of the financiers of that era that their difficulties were much accentuated by natural calamities. The destructive earthquake of 1703 was followed, in 1707, by an eruption of Fuji, with the result that in the three provinces of Musashi, Sagami, and Suruga, considerable districts were buried in ashes to the depth of ten feet, so that three years and a heavy expenditure of, money were required to restore normal conditions. Thenceforth the state of the Bakufu treasury went from bad to worse. Once again Hagiwara Shigehide had recourse to adulteration of the coinage. This time he tampered mainly with the copper tokens, but owing to the unwieldy and impure character of these coins, very great difficulty was experienced in putting them into circulation, and the Bakufu financiers finally were obliged to fall back upon the reserve of gold kept in the treasury for special contingencies. There can be no doubt that Japan's foreign trade contributed materially to her financial embarrassment, but this subject will be subsequently dealt with. TSUNAYOSHI'S FAVOURITE When Tsunayoshi became shogun, Yanagisawa Yoshiyasu occupied the position of a low-class squire in the shogun's household and was in receipt of a salary of three hundred koku yearly. Four years later, he received the title of Dewa no Kami and his revenue was increased to 100,000 koku. Finally, in 1703, he was appointed daimyo of Kai province and came into the enjoyment of a total income of 150,000 koku. This was the more remarkable inasmuch as, owing to the strategical importance of Kai, it had been reserved as a fief for one of the Tokugawa family, and its bestowal on a complete outsider was equivalent to the admission of the latter into the Tokugawa circle. This remarkable promotion in rank and income shows how completely the shogun had fallen under the influence of his favourite, Yoshiyasu, who exhibited wonderful skill in appealing at once to the passions and to the intellect of his master. Some historians of the time relate that the shogun's infatuation betrayed him into promising to raise Yoshiyasu's revenue to a million koku, and to nominate as successor to the shogunate a son borne by Yoshiyasu's wife to Tsunayoshi; but according to tradition, these crowning extravagances were averted on the very night preceding the day of their intended consummation, the shogun being stabbed to death by his wife, who immediately committed suicide. This tale, however, has been shown to be an invention with no stronger foundation than the fact that Tsunayoshi's death took place very suddenly at a highly critical time. It is not to be doubted that many of the excesses and administrative blunders committed by the fifth Tokugawa shogun were due to the pernicious influence of Yanagisawa Yoshiyasu. DECLINE OF THE SAMURAI SPIRIT The no dance was among the indulgences which Tsunayoshi affected and among the accomplishments in which he himself excelled. He took into his service a number of skilled dancers of the no, and treated them as hereditary vassals, setting aside the chamber of the Paulownia for their use. These performers, whatever their origin, received the treatment of samurai, and their dainty posturing in the dance became a model for the lords of the Bakufu Court, so that the simple demeanour of military canons was replaced by a mincing and meretricious mien. Another favourite dance in Yedo Castle was the furyu. A book of the period describes the latter performance in these terms: "Sixteen youths made their appearance; they all wore wide-sleeved robes and purple figured silk with embroidery of oak leaves in gold and silver threads. They carried two swords with gold mountings and scarlet tassels, so that when they danced in harmony with the flutes and drums the spectacle presented was one of dazzling brilliancy." Thenceforth this "Genroku dance," as it came to be called, obtained wide vogue. The same is true of the joruri, which is one of the most emotional forms of chant. Hitherto the samisen had been regarded as a vulgar instrument, and its use had never received the sanction of aristocratic circles. But it now came into favour with all classes of women from the highest to the lowest, and the singing of the joruri was counted a far more important accomplishment than any kind of domestic education. Such an appeal to the emotional side of human nature could not fail to undermine the stoicism of the samurai and the morality of society in general. The practice of the military arts went out of fashion, and it became an object with the bushi not only to have his sword highly ornamented, but also to adapt its dimensions to the fashion of the moment, thus sacrificing utility to elegance. In short, the Genroku era (1688-1703) was essentially a time of luxury and extravagance, its literature abounding in theatrical plays, songs, verses, and joruri, and its ideals involving the sacrifice of the noble to the elegant. Men were promoted in rank not merely because they could dance gracefully, but also because they made themselves conspicuous for kindness to dogs, in obedience to the shogun's foible, and as many of these men had not learned to ride on horseback they petitioned for permission to use palanquins. This marked a signal departure from the severe rules of former days. Street palanquins (machi-kago) ultimately came into use by all who could afford the luxury. In short, the ancient order of educational precedence was reversed, and polite accomplishments took the place of military science. ENGRAVING: FORTY-SEVEN RONIN THE AKO VENDETTA Nevertheless, this degenerate era produced one of the most remarkable acts of self-sacrificing loyalty that stand to the credit of Japanese samurai. On the 7th of February, 1703, forty-seven bushi, under the leadership of Oishi Yoshio, forced their way into the mansion of Kira Yoshihide; killed him in order to avenge the death of their feudal chief, Asano Naganori, daimyo of Ako; and then surrendered themselves to justice. Under the title of The Forty-seven Ronins, this story has been told in history, on the stage, and in all forms of literature, so that its details need not be repeated here. It will suffice to say that, under great provocation, the Ako feudatory drew his sword in the precincts of Yedo Castle and cut down Kira Yoshihide, for which breach of court etiquette rather than for the deed of violence, the Ako baron was condemned to commit suicide and his estates were confiscated. Thereupon, forty-seven of his principal vassals pledged themselves to wreak vengeance, and, after nearly two years of planning and watching, they finally succeeded in achieving their purpose. Degenerate as was the spirit of the time, this bold deed aroused universal admiration. The vendetta was not illegal in Japan. It had been practised from medieval times and often with direct sanction of the authorities. But in no circumstances was it officially permissible within the cities of Kyoto, Yedo, Osaka, and Sumpu, or in the vicinity of the shogun's shrines. The forty-seven ronins had therefore committed a capital crime. Yet they had only obeyed the doctrine of Confucius, and the shogun therefore endeavoured to save their lives. More than a year was spent discussing the issue, and it is recorded that Tsunayoshi appealed to the prince-abbot of Ueno in order to secure his intervention in the cause of leniency. The day was ultimately carried by the advocates of stern justice, and the forty-seven ronins were ordered to commit suicide. They obeyed without a murmur. One of them, Terasaka Kichiemon by name, had been sent to carry the news to Ako immediately after the perpetration of the deed of vengeance. 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