As already mentioned, when drawing up a bond in feudal times, in place of any tangible security, the document would read, "If I fail to do so and so, you may laugh at me in public. Everything is being more and more accurately reduced to a money basis. The old samurai scorn rae sremmurd: no type money seems to be wholly gone, an astonishing transformation of character. Since the disestablishment of the samurai class many of them have gone into business.