Well, I can't believe that nobody has challenged the use of hide glue on a piece of leather yet!!!!! Nobody mentioned the texture of the reverse of this piece of leather yet nor has anyone bothered to ask if hide glue will penetrate the back of the very absorbent leather. Man, putting hide glue on a piece of leather will turn at least the back of those spots to concrete when the glue cools and hardens, that should be considered before sloshing hide glue on anything that will absorb any portion of the adhesive.
Sylvia has already stated that she uses "conservation practices" and hide glue on the back of leather is so far from conservation that I hesitate to even talk about it with any sincere intent!
Although Washi paper is such a general term for a whole raft of Japanese papers in use today, original Washi is rather rare and expensive because of the ingredients used to make the paper being very hard to collect (it's a far cry from rice paper).
If you decide to go this route, I would follow Rob's suggestion and use the Beva 371 but buy the sheet form instead of the liquid if you want to minimize solution penetration. Beva 371 film comes in 2.5 mil for heavier applications and a piece of less than a square yard will cost you around $22.50 and will last for years if properly stored.
Now I think I'll go polish my HVLP paint gun.
Edit:
And I respectfully disagree with you too, Hugh, if y'all are talking about hide glue that I used years ago and have since found too many more efficient substitutes for, it will dry hard and be very difficult to remove using warm water, hot water, or anything else without possibly damaging the leather it is holding!!! Hot water can create tide lines on leather as easily as on paper and we don't know what is already in the leather that could leach out with the addition of hot water. And, as you mentioned, the texture of the back of the leather would dictate the possibility of using some kind of starch paste to mount the leather, a much safer method of preservation mounting than hide glue. But we don't know if the leather is brain tanned, oil tanned, chemically tanned, or otherwise and, without knowing the procedure to get that hide into a finished piece of workable leather, I would be very very hesitant to use anything like hide glue on it without at least experimenting on a scrap piece which I doubt is even available for Sylvia to play with.
Just my measly .02¢ worth.