Word: hisato
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Dates: during 1950-1959
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...production jumped almost 100% to 219 on the 1934-36 index. But last week Japan had two somewhat more sober phrases to quote: naka-darumi, meaning pause, and oi-uchi, meaning a tightening. The pause in the boom had been brought about by the credit pinching of Finance Minister Hisato Ichimada to keep inflation from toppling the boom...
Finance Minister Hisato Ichimada had slashed imports, forced industrialists to export. Said he, stumping the factories: "Never mind about making more mouse traps. Just make better mousetraps." This year Japan made better mousetraps in the shape of cashmere sweaters, fine fabrics and china, and the world came flocking to her door...
...Ministry of Justice last week came an ominous announcement: starting next January, Japanese police will investigate "all activities-both public and private-of foreign residents." The announcement meant that the Japanese government was putting teeth in the tough new tax rules laid down for foreigners by Finance Minister Hisato Ichimada, and was planning to use the police to get reports on everything from house rent to laundry bills. It was further harsh evidence of worsening relations between U.S. businessmen and the Japanese government...
Although confident of ultimate U.S. victory over Communism, most Japanese are disturbed about the time it would take the U.S. to mobilize. With Russia and Red China facing them on the mainland, Japanese have started thinking about rearmament. Hisato Ichimada, governor of the Bank of Japan, recently said: "Rearmament is a question forced upon Japan by the international situation." Premier Shigeru Yoshida, who would like to use rearmament as a treaty bargaining point, last week cautiously added his agreement...