Word: masayoshi
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Dates: during 1970-1979
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...growth in the second half, a trend that will accelerate sharply in 1976 (see chart). To make sure it happens, Schmidt and Giscard agreed a fortnight ago on a joint $5.5 billion pump-priming effort ($2 billion to be spent in Germany, $3.5 billion in France). Japanese Finance Minister Masayoshi Ohira has also promised further steps to stimulate demand. Yet as welcome as that news may be, it will mean little to the 15 million jobless in Europe, Japan and North America. Global unemployment, according to the OECD, will not begin to decline until mid-1976, and it may rise...
...speculation that followed Tanaka's announcement that he would resign as Premier, Miki was barely even considered a dark horse. It was widely assumed that only two L.D.P. elders, both with the backing of strong factions within the party, had a chance of succeeding Tanaka: Finance Minister Masayoshi Ohira, 64, who enjoyed the outgoing Premier's support, and former Finance Minister Takeo Fukuda, 69. Although he had previously been a candidate for the premiership, Miki (see box following page) could count on the backing of only a minor bloc within the party. Moreover, he had the reputation...
With Tanaka reduced to caretaker status, L.D.P. leaders began the complex bargaining that will result in a consensus on a successor, possibly this week. Tanaka's own choice is Finance Minister Masayoshi Ohira, 64. His chief rival is former Finance Minister Takeo Fukuda, 69, a sleepy-looking veteran politician who was runner-up to Tanaka in the party election of 1972. Although a conservative, Fukuda has long called for reform of Japan's system of "money power," and this may make him more palatable to the party leaders as a symbol of belated reform...
Treading Tenderly. Although Tanaka's fortunes are at their lowest ever, no one is willing to count him out. Last week he moved swiftly to stem a total collapse of his Cabinet by shifting one of his loyal followers, Masayoshi Ohira, 64, from Foreign Minister to Fukuda's post at Finance. He named two other well-known and respected L.D.P. veterans to the other vacant posts: Toshio Kimura, 65, to the Ministry of Foreign Affairs and Kichizo Hosoda, 62, to Hori's old job. From now on, however, the abrasive, aggressive Tanaka will have to tread much...
...Masayoshi Ohira, LL.D., Foreign Minister of Japan...