Abstract
(1) In the Oki islands under feudal systel-11, the principal products were of the self-sup porting agriculture based on rice-fields and pastures (called Makihata), and the ma rine and the forest products were only subsidiary. (2) Accordingly, the village societies in the islands were remarkably characterizedd by the medieval and feudalistic system, and there also existed a village co-mmunity. (3) Owing to the isolated. and blockaded system of economy, emergency funds were considerably well provided. (4) The traffic by saili-ng-ships was opened in the middle of the Tokugawa period, (1603_??_1867) and it made the islands easy to participate in economy of the mainland. (5) Oki was regarded as an important port of call for the sailing-ships on the westward route since the tinge of, Genroku, (1688_??_1703) and became a repre-sentative one in the Japan Sea during the time of Bunka (1815_??_1817) and Bunsei (1818_??_1829). (6) Owing to the development of the shipping business, some products of Oki were made into merchandise. An tong them dried ear-shell, boild trepan and dried cuttlefish were produced in a great quantity, as they were then the principal exports for China through the official Lands of the Shogunate Govern cent. (7) Woods, cows and horses were also transported out from the islands. (8) Ti he village masters of the coastal villages acted as a wholesale dealer, and became incipient commercial capitalists. Saigo, where the greatest harbour in Oki was located, grew into a commercial town. (9) The wholesale dealers also managed the sailing-ships and owned the seines, and grad L.ally turned to be absentees both by practising usury and possesing lands as capitalist. (10) Between the indepedent farmers and the commercial capitalists, some interest came forth to trouble each other. (11) “The Oki Riot”, as it is called, was an peasant's uprising based on the opposition between tike peasants and the commercial capitalists. (12) The commerciall capitalists tried to menage the business of a company in Oki, but they were defeated by the far greater and stronger capitalists o the main-land. (13) Time poor resouces of the islands both in qaulity and quantity made Oki to be an isolated islands in a new sense in the course of the development of modern capitalism.
