Gyozai Kaishi - Gyozai Kaishi

…Although the name is different, it is the same bill as the Jiaozi of Yizhou. In 1161 (Shaoxing 31), the Southern Song government transferred the Huizi issued by wealthy merchants in Lin'an Prefecture to the government and issued Huizi in the official jurisdiction. This was to make up for the shortage of currency needed for military expenditures in preparation for the Song-Jin War. At first, they were converted into convertible notes following the example of private Huizi, and Huizi Bureaus (exchange offices) were set up in Lin'an Prefecture and Jiankang Prefecture, and the currency was used mainly for military expenditures in Huainan. However, the increase in military expenditures made it difficult to manage, so after the war, the government used its savings to recover the Huizi, and in 1168 (Qiandao 4), they changed them to inconvertible notes, set up a boundary system that set a deadline for the issuance amount, and allowed them to be used in all areas except Sichuan. …

*Some of the terminology explanations that refer to "Gyōzai-aiko" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…名称は異なるが益州の交子と同様の手形である。1161年(紹興31)南宋政府は臨安府の豪商たちが発行していた会子を官営に移して行在会子を発行した。宋金戦争に備えて軍費の支出に必要な通貨の不足を補おうとしたもので，はじめは民間の会子にならって兌換券とし，臨安府や建康府に会子務(兌換場)を置き，もっぱら淮南（わいなん）の軍費に支出したが，軍費の増加によって運営は苦しく，戦後，政府は蓄財を放出して会子を回収し，68年(乾道4)から不換券に改め，発行額行使期限を定めた界制を設け，四川を除く各地で使用させた。…

※「行在会子」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報