New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-10
T0REWARD HER HEROES
Japan to Divide s75 900, 900 Betsoeen
Arnay and Macy.

Admiral Togo. Marquis ogaIna. General Kurold
end other Japanese officers and the Of the
rank and file to divide an immense in
recognition of their work IN addition to this the
widows and orphans of the soldiers and searnen
TO be recognized
This announcement made yesterday by
korekio Takahashi vice-governor of the Bank of
Japan and special finance commissioner Of the
Japanese government, in outlining the japanese
financial programme. Mr.. Takahashi, who nego-
tated the external loans concluded by Japan in the
recent war. said that this programme. which was
decided upon by the japanese cabinet which has
just resigned. not likely 10 undergo any change
under the ministry.
1t is planned to issue a series of bonds
amounting TO $216OooOoO. to be foated entirely at
home. OF this amount S75,00o0Oo is TO be distrlo-
uted in grants in recognition Of services IN con-
nection with the About half the amount VIII
go to the widows and orphans of soldiers ana
sailors
The bonds will be issued in various denomina-
lions down Is yen Cs12 3d. but no grant Is 10 De
given Of less than 200 yen 600. These VIII go 10
widows and orphans OF the lower classes Inc
grants will vary in size according TO the rank OF
the recipients the character of the service rem
dered
Mr. Takahashi himself VIII be of those TO
benefit by his countrys generosity. for his services
in finance recognized 10 have been OF the high
est order Admiral Togo will receive one OF the
largest single grants and with him VIII staho
several OF his subordintes, notably AaIniI'A
Ka1ai11ura and Admiral Uriu- There also VIII De
liberal allowances the survivors of the lS0 men
who made the four desperate attempts to block the
entrance to the harbor to Port Arthur Only thirty
six of these men escaped with their lives FleId
Marshal Marquis Oyama heads the list Of the land
forces and with him stand Nogf. the hero OF Port
q Arthur; Ruroli and Kodama, who went IN a major
and came major general
Mr.. Takahashi said:
expenditures not connected y Nth II the
war, estimated at Sl5ee0, ana are 70 De ihe1
I nv
as the service of the debts annuties pensions
s Ge I esemaied at 500 o and are
70 be met BIZ the revenues from the war taxes ana
81 the loans already issued the sale of the booty
and other disused articles and new loan. home
and its requisite amount is estimated at $1,000 ,
OF this total s0ogosO VII be fa!seo IN ne this
foG er11e1t IS 70 redeem Exchequer bonds the
s o1eF oF +fe market OF the remainder of the
new issue S75O0l00O is to be delivered in bonds as
5s wsr n FYnay SO Oo000 which needs only to be
Issued gradually. is TO be taken up by the govern
,ynent's Savings Deposit Bureau. The reimburse
5Inent by Russia of the expenses f3r me maui man.
ifenance Of the prisoners Is not included IN t9 i
not vet asoartained- The new issue VIII decrease
ny the amount OF the payment receiVaole rom
For the payment of principal and interest Of the
loan aiTedy tssqeo g ~ The Oe government is to set
spart $50 O00OoO from the revenues each year, aho
he VA are to he repaid in about thirty years Be
sides this 100000 IS be set apart each year 70
pay the principal and interest q 'ne i0ei0
10 insure their proper handling q special count
IS to be set up these funds diferentating them
from the general account of the government Inc
55ioneI Tehts consolidation Committee have been
specially Instituted for the purpose; -,
issued last November is to convert existing loans
on the basis Of lower rate OF interest,": Aence y
win not increase the total amount OF the natone
debts