King Taejong who was on the throne in about ten years after the Joseon Dynasty was founded, enforced the strong policy to secure the rice during the seizure of power. In this process, many measures that were enforced in the end of the Goryeo Dynasty w...
King Taejong who was on the throne in about ten years after the Joseon Dynasty was founded, enforced the strong policy to secure the rice during the seizure of power. In this process, many measures that were enforced in the end of the Goryeo Dynasty were carried out again, and the Hogeupdunjeonje this thesis aims to pay attention to was one of those systems. Originally, the Dunjeon was to make the soldiers cultivate the land in the frontier area, and to utilize the harvest as military provisions. Contrary to this, the Hogeupdunjeon was a system of lending seed grains to general households and then collecting the harvest in proportion to the seed grains in autumn, which was not different from tax increase in reality. The enforcement of land reform was not good enough to guarantee the financial stability. With the increased necessity to secure the military provisions after the consciousness of foreign crisis was raised, King Taejong introduced this Hogeupdunjeonje.
The enforcement aspect of Hogeupdunjeonje could be largely divided into two parts. The Hogeupdunjeon targeting the general households collected about 45,000 seoks a year. On the other hand, the Hogeupdunjeon targeting the public slaves collected around 300,000 seoks a year. In case of those public slaves, the seed grains were distributed not to each household, but to each slave while the repayment ratio of harvested grain was very high compared to general households. For this reason, a considerable amount of rice in stock could be secured within several years after enforcing the Hogeupdunjeonje.
Even though the Hogeupdunjeonje was working as a chance to secure the rice close to 1.5 million seoks, it was such a big burden to general households, so it was unnecessary to maintain the system after securing the stable amount of rice in stock. Thus, it was enforced for a short period of time from the 9th year to 14th year of King Taejong’s reign. However, the securement of rice by this system must be importantly contributing to strengthening the foundation of financial operation in the early days of the Joseon Dynasty.