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==Meiji Period==
 
==Meiji Period==
In the [[Meiji period]], the [[Meiji government|government]] gradually abolished the stipends, along with the samurai class itself. In [[1873]], samurai were given the option to convert their stipends into twenty-year bonds; in [[1876]] this conversion became mandatory. Many scholars point to the loss of stipends (along with other elite privileges) as the key impetus for the [[shizoku rebellions|''shizoku'' rebellions]] which followed.
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In the [[Meiji period]], the [[Meiji government|government]] gradually abolished the stipends, along with the samurai class itself. In [[1873]], samurai were given the option to convert their stipends into twenty-year bonds; around this time, the paying out of stipends consumed as much as half of all state revenues.<ref>Andrew Gordon, ''A Modern History of Japan'', Oxford University Press (2013), 64.</ref> Thus, in [[1876]] this conversion became mandatory. Many scholars point to the loss of stipends (along with other elite privileges) as the key impetus for the [[shizoku rebellions|''shizoku'' rebellions]] which followed.
    
As the ''daimyô'' became members of the ''[[kazoku]]'', the new European-style aristocracy, and returned their fiefs to the Emperor, they were granted stipends equal to 10% of their former ''[[kokudaka]]''.<ref>Ravina, 203.</ref>
 
As the ''daimyô'' became members of the ''[[kazoku]]'', the new European-style aristocracy, and returned their fiefs to the Emperor, they were granted stipends equal to 10% of their former ''[[kokudaka]]''.<ref>Ravina, 203.</ref>
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