Word: japanned
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Economics of Defeat. When MacArthur took over Japan, the country's economic situation was desperate. For decades, Japan, one of the world's great trading nations, had supported itself from markets around the world; its best customers were the U.S., China and India. By ruthless seizure it was the master of fabulously wealthy Manchuria, the chief prize in the treasurehouse of the "greater East Asia Co-Prosperity Sphere." When the war ended, the great trading empire was shattered. Gone also were four-fifths of the Japanese merchant ships that had carried her trade. Eighty-one million people (increasing...
When MacArthur is criticized for SCAP's failure to improve Japan's tragic economic plight, the general replies that he was rigidly bound by the directive, which expressed the will of the people of the U.S. Critics of SCAP, looking at Japan's slow recovery, insist the reply is only partially valid. MacArthur, they argue, had enough stature to go to bat in Washington against any directive he considered wrong...
...phase-democratization and economic revival. But Russian veto of a peace treaty blocked MacArthur's plan to restore Japanese trade. U.S. trustbusters were still locked in stalemate with the Zaibatsu. Last summer the U.S. State Department intervened. Top Planner George Kennan took a long look at Japan. He recommended a basic change in policy, aimed at Japan's self-government, self-respect and self-support. Last December, a firm economic directive was finally drafted for MacArthur...
...Dodge mission revealed some of Washington's long-range thinking-a Marshall plan for Asia in which Japan might serve as the industrial workshop for a goods-hungry continent. Japanese production might help wean Asia from Red domination. State's blueprint also called for a simplified occupation, a garrison of troops for police duty only and advisory economic experts...
Proclaimed Finance Minister Hayato Ikeda, one of Japan's few competent cabinet members, who had done the spadework with Joe Dodge: "Real political freedom cannot be hoped for where there is no economic independence. If we Japanese prefer to lie idly dependent on the help of foreign countries, we would be disgracing both our forefathers and our children...