In 1879, Shigenobu OKUMA, who served as Okura-kyo (minister of the treasury), proposed that a large amount of government bonds be issued and used for readjusting paper money all at once.
大蔵卿であった大隈重信は、1879年に大量の公債を発行してそれを元手に一気に紙幣の整理を行うことを提唱した。