The master of money

The master of money (せんしゅ) is a creditor in Japan in the Middle Ages. In contrast, I named a debtor a minus number person, a tenant.

Summary

Loan relations such as buying and selling and rice or the money of the fields and the residential land suddenly increased with the development of the monetary economy the latter period later in the Kamakura era, and it rolled up every social hierarchy.

An usury supplier called the loan-sharking had already existed at a stage of the Kamakura era, but the tendency was accelerated when I entered in the Muromachi era, and it was in the master of earth-finished godown and liquor shop of the urban area, temple which held temple donations and money which a samurai or the village headman who had the incomes such as tributes loaned rice and money to in sequence. The interest at the time was considered to be eight sentences child (eight minutes per month) from five sentences child (five minutes per month) and seized the fields and the residential land of the minus number person that there was not of the return, other movable property as a security.

The riots (protest demanding a debt moratorium) for the benevolent administration law came to be frequent in such situation before long, and I was sometimes targeted in the attack of the riot, and, as well as the debt destruction by the benevolent administration law, the money main side came to suffer big damage, too.

Therefore I took measures to admit (naturally credit demands protected benevolent administration forbidden handling if the master of money puts it, and a debt will demand handling same as a canceled benevolent administration law if a minus number person puts it), and, in the Muromachi Shogunate, the solution to tie filling and the credit debt suit of financial incomes such as the part of part of earth-finished godown lost by protest demanding a debt moratorium, liquor shop to planned a loan-affiliated disposition in the loan amount of money which put 10% (and sometimes 20%) in the Shogunate earlier as fine percentage to break debt and to confirm credit money for both master of money, minus number people.

References

• The Ginnya Sasaki "master of money" ("history of nation Dictionary 8" (Hirofumi Yoshikawa building, 1987) ISBN 978-4-642-00508-1)

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This article is taken from the Japanese Wikipedia The master of money

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