The first attempt of the Japanese to grab in wholesale fashion the public lands of Korea, under the so-called Nagamori scheme, aroused so much indignation that it was withdrawn. Then they set about accomplishing the same end in other ways. Much of the land of Korea was public land, held by tenants from time immemorial under a loose system of tenancy. This was taken over by the Government-General All leases were examined, and people called on to show their rights to hold their property. This worked to the same end.
The Oriental Development Company was formed for the primary purpose of developing Korea by Japanese and settling Japanese on Korean land, Japanese immigrants being given free transportation, land for settlement, implements and other assistance. This company is an immense semi-official trust of big financial interests in direct coeoperation with the Government, and is supported by an official subsidy of L50,000 a year. Working parallel to it is the Bank of Chosen, the semi-official banking institution which has been placed supreme and omnipotent in Korean finance.
How this works was explained by a writer in the New York Times (January 29, 1919). “These people declined to part with their heritage. It was here that the power of the Japanese Government was felt in a manner altogether Asiatic.... Through its branches this powerful financial institution ... called in all the specie in the country, thus making, as far as circulating-medium is concerned, the land practically valueless. In order to pay taxes and to obtain the necessaries of life, the Korean must have cash, and in order to obtain it, he must sell his land. Land values fell very rapidly, and in some instances land was purchased by the agents of the Bank of Chosen for one-fifth of its former valuation.” There may be some dispute about the methods employed. There can be no doubt about the result. One-fifth of the richest land in Korea is to-day in Japanese hands.
Allied to this system of land exploitation comes the Corvee, or forced labour exacted from the country people for road making. In moderation this might be unobjectionable. As enforced by the Japanese authorities, it has been an appalling burden. The Japanese determined to have a system of fine roads. They have built them—by the Corvee.
The most convincing evidence for outsiders on this land exploitation and on the harshness of the Corvee comes from Japanese sources. Dr. Yoshino, a professor of the Imperial University of Tokyo, salaried out of the Government Treasury, made a special study of Korea. He wrote in the Taschuo-Koron of Tokyo, that the Koreans have no objection to the construction of good roads, but that the official way of carrying out the work is tyrannical. “Without consideration and mercilessly, they have resorted to laws for the expropriation of land, the Koreans concerned being compelled to part with their family property almost


