The Dutch East India Company was given octrooi to print money during the rule of Governor General Jan Pieterszoon Coen.

This reform failed to introduce a standardized monetary system because of a lack of support from the local aristocracy and inadequate public knowledge of money and taxation calculation.

Governor General Du Bus resumed economic development and established De Javasche Bank as part of financial and payment system reform.

Forced plantation replaced the land tax system and aimed to introduce monetary economics to society.

Dr. Samsi, as Minister of Finance, had information that Escompto Bank in Surabaya held reserve money from the Dutch Colonial Government.