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...modest, unpainted four-room house atop a narrow headland overlooking Japan's Ago Bay, a wizened little man in a brown kimono and a black derby hat shuffled about in a pearly haze. He was Kokichi Mikimoto, who has annoyed more oysters for more profit than any other man. Last week the longtime king of Japan's culture-pearl industry declared the largest personal income in Japan in the first year of American occupation. He had netted three million yen ($200,000) selling pearls to the conquerors...

Author: /time Magazine | Title: FOREIGN TRADE: Pearls for Everyone | 9/9/1946 | See Source »

...Mikimoto this was a significant milestone in his postwar rehabilitation. At 89 he still makes every major decision of his company, directs every minor operation. He still likes to amuse employes by lying on his back, twirling an open umbrella with his bare feet, says: "It helps keep my workers contented." He also likes to invite visitors to dinner, serve oysters on the half shell complete with pearls...

Author: /time Magazine | Title: FOREIGN TRADE: Pearls for Everyone | 9/9/1946 | See Source »

Annoy an Oyster. Back in 1890 Mikimoto heard a Japanese zoologist lecture on the possibility of cultivating pearls. Why not implant an irritant like a grain of sand in a baby oyster, see if the oyster would coat it with layers of nacre, and thus form a pearl? Mikimoto decided...

Author: /time Magazine | Title: FOREIGN TRADE: Pearls for Everyone | 9/9/1946 | See Source »

...pearls from about 5% when they were 7-9 years old. In the depression he shoveled as high as 720,000 cultured pearls into furnaces to keep prices up. By 1939 the U.S. alone was buying about 3,000,000 yen worth ($750,000) a year, half of them Mikimoto...

Author: /time Magazine | Title: FOREIGN TRADE: Pearls for Everyone | 9/9/1946 | See Source »

...Pearl Island, Toba Harbor, Japan, Pearl Tycoon Kokichi Mikimoto celebrated a memorial service for hundreds of millions of "souls" departed from "martyred" oysters, then rehearsed his own funeral service...

Author: /time Magazine | Title: Miscellany, Nov. 16, 1936 | 11/16/1936 | See Source »

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