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Money in Asia examines two chronic problems that faced early modern monetary economies in East, South, and Southeast Asia: The inability to provide sufficient amounts of small currencies to facilitate local economic transactions and to control currency depreciation. The studies in this volume analyze the social and economic consequences of small currency scarcity and devaluation on various Asian economies and show how various regimes tried to manage these ever-present challenges. They reveal that those regimes that dealt most successfully with these two issues were those with an integrated national approach to monetary policy.

Editors:

Jane Kate Leonard is Professor Emerita of History at the University of Akron and a specialist in Qing thought and institutions. Her publications include Controlling from Afar: The Daoguang Emperor’s Management of the Grand Canal Crisis (1996).

Ulrich Theobald is Lecturer of Chinese Studies at Tübingen University. He has published on military labour, war finance and logistics, border peoples and Chinese empresses. He currently works on the changes in the appointment of local officials in nineteenth-century China.

Contributors are: Peter Bernholz, Werner Burger, Cao Jin, Mark Elvin, Dennis O. Flynn, Roger Greatrex, Najaf Haider, Reinier H. Hesselink, Elisabeth Kaske, Man-houng Lin, Jane Kate Leonard, Christine Moll-Murata, Keiko Nagase-Reimer, Shan Kunqin, Shimada Ryūto, Ulrich Theobald, Hans Ulrich Vogel, and Willem Wolters

Preface Some Thoughts on the Nature of Money
Acknowledgements
List of Tables, Figures and Maps
List of Contributors
Introduction Control the Uncontrollable: The Endless Trouble with Small Cash
Part 1 Small Currencies: Theory and Comparative Perspective
Chapter 1 Link-Unit-of-Account Versus Ratio-Unit-of-Account Moneys: Seventeenth-Century Dutch Mint Policy
Chapter 2 The Development of Small Early Money in Western Antiquity and Early China
Chapter 3 Fractional Pieces and Non-Metallic Monies in Medieval India (1200–1750)
Chapter 4 The ‘Doit Infestation in Java’: Exchange Rates between Silver and Copper Coins in Netherlands India in the Period 1816–1854
Part 2 Small Currencies in China: Case Studies of Legal, Economic, and Cultural Aspects
Chapter 5 “Silver is Expensive, Cash is Cheap”: Official and Private Cash Forgeries as the Main Cause for the Nineteenth-Century Monetary Turmoil
Chapter 6 The Devastation of the Qing Mints, 1821–1850
Chapter 7 Smoke on the Mountain: The Infamous Counterfeiting Case of Tongzi District, Guizhou Province, 1794
Chapter 8 Japanese and Vietnamese Coins Circulating in China: A Numismatic Approach
Chapter 9 Copper Cash in Chinese Short Stories Compiled by Feng Menglong (1574–1646)
Chapter 10 Cash Crimes: Why Cash Mattered in Mid-Eighteenth Century Petty Crime
Chapter 11 Legal Conflicts Concerning Wage Payments in Eighteenth- and Nineteenth-Century China: The Baxian Cases
Chapter 12 Coins Which are Not Money: Cultural Functions and Symbolism
Part 3 Chinese Experiments in Monetary Policy, Military Expenditure, and Grain Transport
Chapter 13 Silver, Copper, Rice, and Debt: Monetary Policy and Office Selling in China during the Taiping Rebellion
Chapter 14 Monetary and Non-Monetary Military Rewards in the Early and High-Qing Period (1673–1795)
Chapter 15 The Fixers: The Role of Zhili Grain Brokers in the 1826 Sea Transport Experiment
Part 4 Metals and Mint Metals in Japan: Glimpses from Trade and Diplomacy
Chapter 16 Import Trade in Precious Metals and the Economy of Japan, 1763–c. 1850
Chapter 17 Copper Transportation in Tokugawa Japan: Its Influence on Copper Shortage in Nagasaki
Chapter 18 A Metal Dealer and Spy from Nagasaki in Manila in the First Quarter of the Seventeenth Century
Index
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