By the establishment of the Tokugawa Shogunate, no marked change occurred in the Emperor's position as supreme sovereign of the country as ever, but the Shogunate conducted the state business as the regent entrusted with the whole care of the island Empire, so that the government at Yedo had no occasion to refer to the court at Kyoto to obtain the imperial sanction. In this respect the Shogunate of Yedo was decidedly more independent of the Imperial Court than had been the Kamakura Shogunate. Kyoto, however, continued as before to be the fountainhead of all honour. All the honours and titles of the _daimyo_ were conferred in the name of the reigning Emperor, though through the intermediary of the Shogunate. The appellations of these distinctions were also the same as those given to court-nobles, only being comparatively low in the case of the former, if we take the real influence of the _daimyo_ into consideration. For the emoluments of court-nobles in the time of the Tokugawa were generally very small, and the highest of them could only match materially with the middle class of the _hatamoto_ or the high class vassals of some powerful _daimyo_. All the manorial estates which the court-nobles had retained until the middle of the Ashikaga period had since been occupied by warriors paramount in the respective regions, and they changed their master several times during the anarchical disorders at the end of the period, so that restitution became utterly impossible. The total amount which the Shogunate at Yedo had to pay to the court-nobles as annual honoraria was about eighty thousand _koku_. The Imperial Household had a civil list amounting at first to one hundred thousand _koku_, which was more than three times what it had been at the time of the Ashikaga. A little later it was increased to three hundred thousand _koku_, and the sum remained stationary at that figure for more than half a century. Then an annual subsidy in cash between thirty and forty thousand _ryo_ was added. The Empress had to be provided for separately. When there was an ex-Emperor or Crown Prince, then he also was entitled to a separate allowance from Yedo. If we include, therefore, the emolument paid to the court-nobles, and estimate them all together by the number of _koku_, the Shogunate had to pay to Kyoto an annual sum of between four and five hundred thousand. Extraordinary expenditures, such as the rebuilding of the imperial palace, were also part of the burden of the Shogunate. On the whole, the financial condition of the court at Kyoto was somewhat more straitened than that of the most powerful _daimyo_.