Shigeyoshi_Matsuo

Shigeyoshi Matsuo

Shigeyoshi Matsuo

Japanese politician

Baron Shigeyoshi Matsuo (松尾 臣善, Matsuo Shigeyoshi, March 6, 1843 – April 7, 1916) was a Japanese businessman, central banker and the 6th Governor of the Bank of Japan (BOJ). He was a Baron and a member of Japan's House of Peers from 1900 through 1916.[1]

Shigeyoshi Matsuo

Early life

Matsuo was born in Hyogo Prefecture.[2]

Career

In 1900, Matsuo had risen to the position of bureau chief in the Finance Ministry.[3]

Matsuo was BOJ Governor from October 20, 1903, to June 1, 1911.[4] During his term, the bank managed the money supply to restrain inflation.[5]

In 1904, Matsuo assembled the heads of 35 commercial banks, offering favourable terms for lending by BOJ.[5]

Matsuo construed complaints about "bad times" to mean that economic conditions were normal, and that there had been diminished opportunities for speculation.[6]

Notes

  1. [1]
    Augello, Massimo et al. (2005). Economists in Parliament in the Liberal Age (1848–1920), p. 278 n39., p. 278, at Google Books
  2. [2]
    Bank of Japan (BOJ), 6th Governor
  3. [3]
    Duus, Peter. (1995). The Abacus and the Sword: The Japanese Penetration of Korea, 1895-1910, p. 162., p. 162, at Google Books
  4. [4]
    BOJ, List of Governors.
  5. [5]
    Wolf, David et al. (2007). The Russo-Japanese War in Global Perspective: World War Zero, p. 263., p. 263, at Google Books
  6. [6]
    Matsuo, Shigeyoshi. (1911). "The Banking Year in Japan in 1910," in The Market world and Chronicle, Vol. 1, p. 20., p. 20, at Google Books

References

  • Augello, Massimo M. and Marco Enrico Luigi Guidi. (2005). Economists in Parliament in the Liberal Age (1848-1920). Burlington: Ashgate.ISBN 9780754639657; OCLC 470670050
  • Duus, Peter. (1995). The Abacus and the Sword: The Japanese Penetration of Korea, 1895-1910. Berkeley: University of California Press.ISBN 9780520086142 OCLC 232346524
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