According to the fundamental law of the Bank of Japan, the Bank is privileged to issue bank notes to any amount against gold and silver coins or bullion or to issue such nolos against Government or Treasury Bills and other bonds or commercial bills of a reliable nature providing that the total issue does not exceed a certain limit, which several successive increases now have placed at the gold reserve of the Bank of Japan has remained at its rather low level of Y.500,000,000.
Text read from the printed page and cleaned; old type leaves the occasional error.