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Copyright do texto © 2016 David Walliams
Copyright das ilustrações © 2016 Tony Ross
Copyright do lettering do nome do autor na capa © 2010 Quentin Blake
Copyright da tradução © 2017 Editora Intrínseca
Traduzido com a permissão de HarperCollins Publishers Ltd.
Publicado originalmente em língua inglesa, pela HarperCollins Children’s
Books, sob o título de THE WORLD’S WORST CHILDREN.
Autor e ilustrador reservam a si o direito de serem identificados como tais.
TÍTULO ORIGINAL
The World’s Worst Children
REVISÃO
Mariana Bard
Cristiane Pacanowski
ILUSTRAÇÕES DE CAPA
© Tony Ross
ARTE DE CAPA
© HarperCollins Publishers 2016
REVISÃO DE E-BOOK
Maíra Pereira
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Booknando Livros
E-ISBN
978-85- 510-0260- 5
CHARLENE
Chorona
SABRINA MELVIN
Dançarina Meleca
Suzie
IMUNDA
ANTÔNIO EDUARDO,
QUE NUNCA
Estava Errado
Filomena
FLATULENTA
SOFIA
Sofá
Sérgio
SÉRIO
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inspection was altered. The accounts of the Korean Customs Department have
hitherto been separate from the Korean Government accounts—the revenue and
expenditure of the former not being entered in the annual budget. [On the last
item the Report of the Residency-General upon Administrative Reforms remarks
that the impropriety of this omission is obvious.] They are, however, entered in the
budget of 1907 for the first time.
The development of the resources of any country is, of course, intimately dependent
upon the soundness and wisdom of its financial policy and administration. This is
increasingly so under modern conditions in countries where international relations are of
the greatest importance. Nothing could have been worse than the chaotic condition of the
Korean finances when Mr. Megata, in conformity with the Convention signed between
Japan and Korea on the 22d of August, 1905, was appointed Financial Adviser to the
Korean Government by the Imperial Japanese Government.[65] Mr. Hulbert, who afterward
became the most unsparing critic of Mr. Megata’s policy, himself wrote in the Korean
Review, in 1903: “It is encouraging to note that every part of the Korean Executive has
come to the conclusion that something has got to be done to put Korea’s money system on
a more secure foundation.” It was, however, largely this same “Korean Executive” which
had been chiefly responsible for the deterioration of the currency and for the entire
confusion in the financial condition of the country. On this matter of the deterioration of the
currency, the Financial Adviser says in one of his Reports:[66] “The currency of Korea,
though nominally on a silver basis, has hitherto in reality possessed no standard, and only
cash and nickel coins have been in circulation. Before the commencement of the
reorganization of the currency, the market rate of the nickel coins fell to 250 won for 100
yen in gold (Japanese currency); while that of the cash fluctuated from 100 per cent. to 60
per cent. premium. All cash pass at a uniform rate in spite of their different sizes and
weights. The market rate varies according to the condition of supply and demand. When
the market rate is equivalent to one rin (1-1000 yen Japanese currency) it is called par;
when it is 2 rin, the cash is at 100 per cent. premium. Cash are preferred in some
provinces, nickel coins in other provinces. Since the commencement of the withdrawal of
the old nickel coins in June, 1905, the market rate has gradually risen, and at present it is
steady at the normal rate of 200 won to 100 yen. (According to the Currency Law, the face
value of the old nickel coin is 2.5 sen, its intrinsic value being 2 sen).”[67]
Nor was the chaotic state of the currency the only evil connected with its use. The cash,
while having the preference over the nickel coins because its intrinsic value was more
nearly equal to its market value, and it was therefore more stable, was intolerably
inconvenient for monetary transactions of any considerable size. Its value was so low as to
make it not worth the risk of counterfeiting. But even the traveller for a few weeks in the
country could pay his expenses only by taking along several mule-loads of these petty
coins. The nickels, on the contrary, were exceedingly unstable, and were subject to
wholesale debasement and counterfeiting. It is true, as Mr. Hulbert charges, that
“counterfeit nickels were made largely by the Japanese in Osaka”; but it is also true that
these coins were counterfeited in large quantities by the Chinese, and that the worst
offenders were the Koreans themselves. Here, as everywhere during the
contemporaneous history of Korean affairs, it was the “Korean Executive” which was
chiefly to blame. In some cases the Government loaned its coining machine for a money
consideration; in others, the “promoter of the minting industry” was obliged to content
himself with a manufacturing outfit obtained on private account. In this connection the
author calls to mind an astonishing but authentic story of how a boy, deputed by his father
to return to a benevolent association in Seoul a sum of money which had been originally
stolen by the trusted agent of this association and loaned to the father, stole the money
again and spent it in the purchase of a counterfeiting machine. It should be added that
these remarkable transactions were of recent occurrence.
Japanese counterfeiters were arrested, tried and punished, after the passage of a law by
the Diet making it an offence to counterfeit foreign money in Japan, with the same
penalties as those applied to cases of counterfeiting Japanese money.[68] Even before
that, administrative measures were taken by the Japanese to break up the illicit industry.
So far as Korean offenders were concerned, nothing was done to punish the chief culprits.
In fact, the Korean Government was hardly in a position to do anything, having itself made
large over-issues of nickels, and even surreptitiously farmed out the right to private
individuals to coin them. This right was exercised, among others, by a relative of the
Emperor. Doubtless this official malfeasance is what Mr. Hulbert alludes to when he speaks
of the “prime movers in the deterioration of the currency.”
The history of this nickel coinage is another illustration of the opera bouffe methods
which characterize Korean public administration. The discovery of the potentialities of fiat
currency probably came in the nature of a revelation to Korean officialdom. It opened vistas
of profit never before dreamed of; all that was needed was the raw material and a machine.
Finally the industry ceased to be as remunerative as at first; and the “Korean Executive,”
all branches of it, discovered (in 1903) that, sooner or later, even a nickel coinage will find
its true level.
Such, briefly described, was the deplorable state of the financial affairs of Korea when
Mr. Megata’s administration began. This was only a brief time ago, or in 1905. What has
already been accomplished for the reform of the Korean finances may be summarized as
follows.[69] The first step taken was the adoption of the gold standard, followed by the
promulgation of a law strictly prohibiting the private minting of nickel coins, and the
endeavor to recall this currency already in circulation. Measures were also taken to
popularize the circulation of notes issued by the Dai Ichi Ginko (First Bank), and to enlarge
the sphere of circulation for the coins newly introduced. “The organ for the circulation of
money and the collection of the taxes having been now fairly well provided, efforts will be
made to restrict and ultimately prohibit the circulation of the fractional cash now in use in
the three southern provinces, by encouraging the employment of notes in accordance with
the law regulating currency.” “As regards the bank-notes issued by the General Office of
the First Bank in Korea, the Korean Government has officially sanctioned their compulsory
circulation. But, it being deemed desirable to have said Government grow firm and content
in the idea that the notes are the national currency, a contract was concluded in July, last
year (1906), between the Government and the First Bank, providing that the pattern and
denomination of the notes shall be subject to the approval of the Resident-General and the
Korean Minister of Finance; that the amount of their issue and of the reserve be reported
every week to the said Minister; that the Korean Government have the power to institute
inquiries and examinations with respect to the issue of notes; and that the bank be placed
under reasonable obligations in return for the exclusive privilege of issuing notes.”
The General Office of the First Bank at Seoul has now been made the Central Treasury
of the Government of Korea; and therefore receives on deposit and pays out the
exchequer funds. It is under the competent management of Mr. Ichihara, who, after several
years of study of economics and finance in the United States, became prominent as a
banker in Japan, and was subsequently chosen Mayor of Yokohama. Its branches and
sub-branches throughout Korea are assisted by the postal organs in handling the
exchequer funds. “Notes Associations,” which undertake to popularize the circulation of
reliable negotiable bills, and Agricultural and Industrial Banks, established at different
centres for the accommodation of long loans, are also in part the results of Mr. Megata’s
reform of the Korean finances. The most important, and doubtless most difficult, thing
remaining to be done is the purifying and reorganization of the revenue system. For, as has
already been repeatedly indicated, nothing can exceed the measure of ignorance, extortion
and corruption, which has hitherto characterized the conduct of the provincial
administrative organs.
Perhaps the most difficult problem with which the newly appointed Financial Adviser to
the Korean Government had to cope was the retirement of the nickel currency. The
solution of this problem was indeed difficult, but it was absolutely indispensable to the very
beginning of any systematic reform. The distinction between spurious and genuine coins
was scarcely possible; the distinction between those counterfeited without, and those
counterfeited with, the sanction of the “Korean Executive” was impossible. The amount of
both kinds was hard to determine. According to Mr. Megata’s calculation, the old nickel
coins minted by the Government amounted in value to 17,000,000 won; while the spurious,
but not debased, coins in circulation may have amounted to some 4,000,000 won.[70] His
plan involved both the exchange of the old nickel coins for new coins of a standard value
and issued under proper safeguards and restrictions, in accordance with the newly
inaugurated gold basis; and also the reduction of the cash by re-minting such coins as
were deficient and returning the balance to circulation. From October, 1905, the coinage of
silver ten-sen pieces and of bronze one-sen and one-half-sen pieces was begun. By these
it was intended to displace the circulation of the old nickel coins. The coins tendered for
exchange were classified into three classes: Class A—coins exchanged at the rate of 2 old
for 1 new coin; Class B—coins exchanged at the rate of 5 old for 1 new coin; and Class C
—counterfeit and debased coins, defaced and returned to the applicants. By these means
there was withdrawn from circulation of old coins, between July 1 and October 15, 1905, in
Korean dollars to the amount of 10,722,162, of which, however, 1,411,184 were received in
payment of taxes.
So radical a change in the currency of the country could not be accomplished without
working hardship in certain directions. But those who have carefully examined the existing
condition of Korean finances and the working in detail of the plans for reform find reason
for praising the prudence and skill of Mr. Megata’s way of accomplishing a most difficult
task. The details are to be found, carefully worked out and tabulated, in the official reports.
It is enough for us to recognize the enormous change for the better which has taken place
during the past two years in the financial condition of the peninsula, and in all the foreign
financial relations to Korean business affairs; and, at the same time, to reply with a brief,
categorical denial to certain criticisms from unfriendly and prejudiced sources. As to the
latter point, “it is untrue,” says a trustworthy informant, “that any Korean capitalists came
forward with a bona fide offer of a loan at a lower rate of interest than that procured by the
Japanese Government for the retirement of the old nickel coinage. The only plan of the
kind which was ever mooted had in view the borrowing of foreign capital, not Japanese. A
great deal was said, after the fact, about the readiness of these capitalists to intervene; but
Mr. Megata was never given an opportunity to avail himself of their alleged willingness to
advance the funds until it was too late. Mr. Megata’s first object was, of course, to obtain
the money as cheaply as possible. It was not until he had looked the situation over very
carefully, and had made enquiries concerning the possibility of making better arrangements
with foreign capitalists that he finally concluded the arrangement with the Dai Ichi Ginko.”
Another example of the same species of criticism is shown in connection with the story
that the Korean Emperor desired to advance to the merchants of Seoul 300,000 yen to
relieve the distress over the increased stringency in the money market, which was, of
course, one of the first results of the conversion of the nickel-coin currency. “For this offer,”
the authority just quoted says, “the underlying motive was undoubtedly political. There was
distress among the merchants of Seoul, but there was no necessity for the Emperor’s
direct intervention. If, indeed, the distress had been as great as was represented at the
time, the sum offered, 300,000 yen, was not sufficient to afford permanent relief. The offer
of the money was merely another instance of Korean methods. The process of reasoning
was simple: Financial distress existed, due to the action of the Japanese Financial Adviser;
His Majesty generously came to the assistance of his embarrassed subjects; hence
gratitude to His Majesty and humiliation for the discredited Japanese Adviser. Mr. Megata
did no more than to treat the matter as its childish nature warranted. It should be added
that, in addition to the genuine distress caused by the stringency of the money market,
there was a patent attempt to heighten the resultant agitation for political effect. This was
met by offers, due to Mr. Megata’s initiative, to advance money on easy terms in deserving
cases. The native capitalists made no move to relieve the situation at this supposedly
critical juncture.”
The recent condition of the resources and finance of Korea can be discovered in the
most trustworthy way possible under existing circumstances, only by a critical study of the
detailed reports to which reference has already been made in this chapter. The following
more important items are taken from the Report of March, 1907. In this report the total
estimated revenue for 1907 is given at 13,189,336 yen, which is an increase of 5,704,592
yen over that of 1906. Of this total, however, 3,624,233 yen is extraordinary. The total
estimated expenditure for the same year is 13,963,035 yen, which is in excess of that of
the year of 1906, by the sum of 5,995,647 yen. The increase in expenditure is partly to
provide for increase in salaries—a necessary measure if the amount of “squeezes” is to be
reduced and a sufficient number of competent and honest officials secured; but more
largely for the reform of the educational organization, for the founding and support of
technical schools, for the extension of engineering works, the building of roads, of law
courts, and other public buildings, the founding of hospitals; and for the extension of the
police and judicial systems. As to individual items it is noticeable that the military estimates
have been reduced from 2,426,087 yen, in 1905, when they were 26 per cent. of the total
expenditure, to 1,522,209 yen, or 11 per cent. of the total expenditure for the year 1907.
This sum has now further been much reduced by the disbanding of the Korean army, with
the exception of a body of palace guards, as a consequence of the new Convention of July,
1907.
One-tenth of the entire estimated expenditure—or, more precisely, 1,309,000 yen—is
attributed to the Imperial Household. But even this by no means represents the cost to the
nation of the Emperor and his Court under the former occupant of the throne. For all
manner of irregular, illicit, and scandalous ways of obtaining money for his privy purse were
resorted to by the ruler, whose character and habits in the obtaining and use of money
have already been sufficiently described.[71] The trials which have come upon the Financial
Adviser of the Korean Government since his appointment, through the behavior of the so-
called “Korean Executive,” can scarcely be exaggerated. One of the questions pending
when Mr. Megata first assumed office concerned the size of the allowance for the
expenses of the Crown Princess’ funeral. The Emperor’s private funds were at a low ebb
(they always are); the national treasury was impoverished (it always had been). Yet the
Imperial Treasurer, an official of the old-time stamp, insisted that one million yen was
absolutely indispensable for the proper carrying out of the burial ceremony(!). This way of
plundering the treasury of the country, which was considered especially legitimate by the
Korean Court and its parasites, Mr. Megata dealt with in that spirit of “philosophical humor”
which is characteristic of him. He patiently pointed out that the estimated prices of many of
the items called for were greatly in excess of their market value. In this manner he finally
reduced the wily claims of the Korean official to the modest sum of a half-million yen. Two
full-dress rehearsals, which differed from the actual ceremony only in the circumstance that
the coffin was empty and no official invitations to attend were issued, preceded the final
pageant. On each of these occasions the long procession marched pompously through the
streets, which were crowded with wrangling lantern-bearers, chair coolies, and the
innumerable other horde of a low-lived Korean populace, to the dissipation of all the
solemnity of a death-ceremonial, but to the delectation of the spectators as well as the
participants.
The public debt of Korea in March, 1907, is here exhibited in tabular form:
TABLE OF NATIONAL DEBT
Term Date of
Name of Loan Date of Issue Amount Interest
Outstanding Redemption
Treasury Bonds June, 1905 $2,000,000 7 % 3 years June, 1910
Currency Adjustment ” 1905 3,000,000 6 % 6 ” June, 1915
For Increased Circulation Dec., 1905 1,500,000 6 % 6 ” Dec., 1912
New Enterprises March, 1906 5,000,000 6½ % 5 ” March, 1916
This debt, while insignificant as compared with that of civilized nations generally, is by no
means so when compared with the poverty of Korea. And it will doubtless be largely
increased in the near future by the necessity of putting into operation many imperative
reforms and improvements of the existing material condition of the country. The possibility,
however, of a rapid development of the resources and increase of revenue is also great. To
take a single item: while the amount estimated from Port Duties for the year ending
December 31, 1906, was only 850,000 yen, the actual income was 2,434,118 yen. Some
reduction in the items allowed for expenditure is also possible—for example, that of the
Imperial Household, and for the Military (a reduction already accomplished). Under a just
administration, with a revision of the system of taxation, the resources and the revenue can
probably be doubled in a few years, and at the same time the material welfare of the
people improved. With the policy of the present Resident-General continued in force, the
prospect is therefore by no means without dominant elements of hope for Korea’s future.
CHAPTER XIV
EDUCATION AND THE PUBLIC JUSTICE