Rice broker
As Fudasashi (Japanese札 差) were referred to the rice markets in Edo and Osaka dealers. Edo was from 1603, the Japanese capital. Kuramae, the market before the rice store in Asakusa was the center of the Japanese economy in the Edo period, because all daimyo ( lords ) based their taxes to a large extent in kind, just rice. After the rice yield in koku, the value of their lands was measured. The duties of the Daimyo to the Shogun were brought to Edo, mostly by boat, where they were sold on that very rice market.
Over the years, some developed at the rice market out what is referred to as a modern commodity futures: The daimyo cultivated a dissolute lifestyle. If the cash was scarce, they joined with the merchants shops from about future harvests. In the second half of the Edo period, many daimyo were in debt, what the Shoguns repeatedly prompting to cancel the debts of the feudal lords by decree.
Etymology
札fuda is a change, so a bill ,差すsasu here has to offer or spend the meaning. A札 差is therefore someone who exhibits the change on the rice.
Famous rice traders
- Historical profession
- Commercial Occupation
- Edo period
- Japanese Economic History