Episode 1 of 2
Stipend Conversion to Bonds
- When
- 1874
- Where
- Meiji Government
In 1874, samurai were given the option to convert their stipends into government bonds, following the abolition of hereditary stipends in 1873.
Hereditary stipends provided to samurai by their formal feudal lords were abolished in 1873. In 1874, samurai were given the option to convert their stipends into government bonds. Earlier, the 1869 regulations on domain revenues and the samurai class had aimed to universalise the restructuring of political and bureaucratic systems governing the domains.
Sources
- Meiji Restoration Wikipedia, revision of 2026-09-28
- Haitō Edict Wikipedia, revision of 2025-05-24
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.