Dojima Rice Market

The center of rice trading in early modern Osaka. The rice market, which was originally located in front of Yodoya Gate, moved to Dojima (Kita-ku, Osaka City) in 1697 (Genroku 10), and rice brokers, money exchanges, and storehouses of various feudal domains gathered there, increasing the amount of trading, and the rice price here began to have a major impact on the entire country. After choai rice trading (a type of futures trading conducted on a ledger) was officially permitted in 1730 (Kyoho 15), shomai (spot) trading also continued, but in reality it was the buying and selling of rice stamps, and excessive stamps were often issued in anticipation of rice that had not yet arrived from the various feudal domains, causing disputes known as empty rice stamps or empty rice trading incidents. Towards the end of the Edo period, rice prices were fluctuating greatly, so the four-month accounting rice trade was changed to one-month kokudate rice trade, but this was abolished in 1869 (Meiji 2) and only regular rice trade remained.

[Masaru Iwahashi]

Source: Shogakukan Encyclopedia Nipponica About Encyclopedia Nipponica Information | Legend

近世大坂における米取引の中心地。もと淀屋(よどや)門前で立っていた米市が1697年（元禄10）堂島（大阪市北区）に移り、米仲買や両替屋、諸藩蔵屋敷も集まって取引量も増え、ここでの米相場が全国に大きく影響するようになった。1730年（享保15）帳合(ちょうあい)米取引（帳簿上で行う一種の先物取引）が公許されたあと、正米(しょうまい)（現物）取引も引き続き行われたが、実際には米切手の売買であり、諸藩領国からの未廻着(みかいちゃく)米を見越した切手の過剰発行がしばしばなされ、空米(くうまい)切手ないし空米取引事件として紛議を起こした。幕末に至り、米価変動甚だしいため、期限4か月の帳合米取引は1か月の石建(こくだて)米商いに転じたが、1869年（明治2）廃止され、正米取引のみとなった。

［岩橋　勝］

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