Hirobumi ITO opposed it saying that 50 million yen corresponded to the 80% of the financial revenue at the time and 1.3 times the land tax income, and Matsukata too, who had made transition to the Minister of Interior, opposed it by calling it inappropriate as a measure to consolidate paper money.
伊藤博文は5,000万円は当時の財政収入の8割・地租収入の1.3倍にあたり過大すぎると反対し、内務卿に転じていた松方も紙幣整理の方法としては不適切として反対した。