The method of investing money - Chikusenjoi

This law was issued in October 711 (4th year of Wadō) as part of various policies to popularize coins during the Wadō and Yōrō eras (708-724). It was a system in which a certain rank was awarded to those who saved a certain amount of coins and submitted them to the government, and can be considered a type of selling rank system. Initially, it was only applicable to those with ranks, but in December of the same year, an additional law was issued specifying the amount of coins required to become a ranked person from a rankless person or a white person, and this restriction was also removed. The only instance of the implementation of this law is seen in November of the same year, when a person who had saved coins was given a rank for the first time, and although it is unclear to what extent it was actually implemented, it is thought to have ceased with the spread of the Wado-kaichin coins.

[Eihara Towao]

Source: Shogakukan Encyclopedia Nipponica About Encyclopedia Nipponica Information | Legend

和銅(わどう)～養老(ようろう)年間（708～724）における銭貨普及のための諸政策の一環として、711年（和銅4）10月に出された法令。一定額の銭を蓄えてこれを政府に納めた者に対して一定の位を与える制度で、売位制度の一種といえる。当初は有位者のみを対象としたが、同年12月に、無位(むい)・白丁(はくてい)から有位者となる際の銭の額を定める追加法が出されて、この制限も取り払われた。同年11月、蓄銭の人に初めて位を叙したことがみえるのが、この法令の実施に関する唯一の例で、現実にどの程度実施されていたかは明らかでないが、和同開珎(わどうかいちん)の普及とともに行われなくなったと考えられる。

［栄原永遠男］

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