However, the fact the bonds included up to \50 million of foreign bonds created a sense of discomfort among the Emperor Meiji and conservatives close to him, who all distrusted the allied Western powers, and it eventually led to the abandonment of the plan to raise foreign loans.
ところがその中に5,000万円にも及ぶ外債が含まれていたことから欧米列強に不信感を抱く明治天皇やその周辺の保守派の不快感を買い外債募集計画は中止された。