Military Yen After The War
After Japan announced its unconditional surrender on 15 August 1945, military yen banknotes were seized by British military authorities. However, although there was about as much as 1.9 billion yen, the Japanese military administrations intentionally destroyed 700 million worth of it.
On 6 September 1945, the Japanese Ministry of Finance announced that all military yen became void. Overnight the military yen literally became useless pieces of paper to the people of Hong Kong.
Read more about this topic: Japanese Military Yen
Famous quotes containing the words military, yen and/or war:
“Personal prudence, even when dictated by quite other than selfish considerations, surely is no special virtue in a military man; while an excessive love of glory, impassioning a less burning impulse, the honest sense of duty, is the first.”
—Herman Melville (1819–1891)
“Diamond, the only trouble with you is you’d like to be me. You’d like to have my organization, my influence, my fix. You can’t; that’s impossible. You think it’s money; it’s not. It’s personality. You haven’t got it, Lieutenant. You’re a cop. Slow. Steady. Intelligent. With a bad temper, and a gun under your arm. And with a big yen for a girl he can’t have. First is first, and second is nobody.”
—Philip Yordan (b. 1913)
“To be deeply committed to negotiations, to be opposed to a particular war or military action, is not only considered unpatriotic, it also casts serious doubt on one’s manhood.”
—Myriam Miedzian, U.S. author. Boys Will Be Boys, ch. 2 (1991)