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The Japanese court reluctantly agreed to allow the ports of Hyogo and Osaka to be opened for foreign trade in accordance with the London Protocol, though there was disagreement about this in 1867. As the Bakufu had not met all of the Western demands, it agreed to pay the entire Shimonoseki indemnity and negotiate a revision of tariffs. In January 1866, negotiations began regarding currency, navigation aids, and removing restrictions on trade. An agreement was finally signed in June 1866 establishing a general 5% customs duty on imports and exports and specifying rates for some items.
The Japanese court reluctantly agreed to allow the ports of Hyogo and Osaka to be opened for foreign trade in accordance with the London Protocol, though there was disagreement about this in 1867. As the Bakufu had not met all of the Western demands, it agreed to pay the entire Shimonoseki indemnity and negotiate a revision of tariffs. In January 1866, negotiations began regarding currency, navigation aids, and removing restrictions on trade. An agreement was finally signed in June 1866 establishing a general 5% customs duty on imports and exports and specifying rates for some items.
The Japanese court reluctantly agreed to allow the ports of Hyogo and Osaka to be opened for foreign trade in accordance with the London Protocol, though there was disagreement about this in 1867. As the Bakufu had not met all of the Western demands, it agreed to pay the entire Shimonoseki indemnity and negotiate a revision of tariffs. In January 1866, negotiations began regarding currency, navigation aids, and removing restrictions on trade. An agreement was finally signed in June 1866 establishing a general 5% customs duty on imports and exports and specifying rates for some items.
the bakufu given countenance to such a policy publicly in its dealings
with the court. Backing it up, the senior bakufu officials in Kyoto, including Keiki, formally warned the court in a joint memorial that if Japan provoked hostilities over this issue, "we should have not the least hope of victory. "49 Faced with this unanimity, the court gave way. The emperor gave his consent to the treaties, commenting that "unsatisfactory provi- sions" in them needed to be revised.'0 He refused to authorize any action regarding Hyogo and Osaka, though the bakufu, in communi- cating with the foreign representatives, assumed this to mean that they could be opened in accordance with the London Protocol. There was to be further disagreement on this subject in 1867, when the court became aware of what had been said. No statement was made about tariffs, which had at no time been mentioned in the Japanese discus- sions. The fact reflects a characteristic of the treaty port system that was common to both China and Japan at this stage: Whereas the West saw the system in terms of commercial advantage, both Chinese and Japanese were preoccupied with the political disabilities it imposed on them. They made economic concessions almost without thought. This is borne out by the bakufu's subsequent behavior. Because it had not met all the West's demands, it accepted the necessity of paying the whole of the Shimonoseki indemnity. Moreover, it agreed to negotiate a revision of tariffs. When talks about this began in Janu- ary 1866, Parkes, who took the lead in the matter on behalf of the powers, promptly expanded them to include arrangements concerning currency, which was still causing difficulties; the establishment of navigation aids, such as lighthouses; and the removal of all those restrictions on trade to which reference had been made in the London Protocol. He refused to contemplate any further delay in the indem- nity payments until a satisfactory agreement had been reached on these points. This was not to be until June 25, 1866, when a conven- tion was at last signed by Britain, France, Holland, and the United States, to come into force at Yokohama on July 1 and a month later at Hakodate and Nagasaki. The convention was in effect an addendum to the 1858 treaties, spelling out free-trade doctrine as it applied to Japanese conditions. Goods imported into and exported from Japan were to be subject to customs dues calculated at a general level of 5 percent, either in the form of specified amounts or ad valorem. Some items, such as books, 49 Ibid., p. 301, memorial of November 22,1865. 50 Ibid., p. 304, court decision of November 22,1865.
Vol I The Map of Europe by Treaty Showing The Various Political and Territorial Changes Which Have Taken Place Since The General Peace of 1814 by Hertslet, Edward, Sir, 1824-1902