Recent Developments
On 13 August 1993, an organization in Hong Kong seeking a refund for military yen took legal action against Japan, suing the Japanese government for the money that was lost when the military yen was declared void. A Tokyo district court ruled against the plaintiff on 17 June 1999, stating that although it acknowledged the suffering of the Hong Kong people, the Government of Japan did not have specific laws concerning military yen compensation. Japan also used the Treaty of San Francisco, of which the United Kingdom was a signatory state, as one of the reasons to deny compensation.
Read more about this topic: Japanese Military Yen
Famous quotes containing the word developments:
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Freedom from labor itself is not new; it once belonged among the most firmly established privileges of the few. In this instance, it seems as though scientific progress and technical developments had been only taken advantage of to achieve something about which all former ages dreamed but which none had been able to realize.”
—Hannah Arendt (19061975)
“The developments in the North were those loosely embraced in the term modernization and included urbanization, industrialization, and mechanization. While those changes went forward apace, the antebellum South changed comparatively little, clinging to its rural, agricultural, labor-intensive economy and its traditional folk culture.”
—C. Vann Woodward (b. 1908)