Word: takahira
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...agricultural subsidies, losses incurred by state-owned enterprises and an oversized bureaucracy, India's fiscal deficit has expanded alarmingly; the combined state- and central-government deficits have grown from 7.6% of GDP in 1996 to nearly 10% this year. The Indian government's rising deficits "are not sustainable," warns Takahira Ogawa of Standard & Poor's rating agency. Although interest rates are at a three-decade low, the government's debt is so large that interest payments eat away nearly half of revenues, leaving less money to spend on roads and power generation...
President Eliot received the Order of the Rising Sun from the hands of Baron Takahira, ambassador from Japan at the home of Mr. C. S. Ramlin '83. If was a private presentation, only a few friends being present. At the annual dinner of the East Asiatic Society later in the evening, the ambassador spoke of the happy relations of the countries and said the recent "war-scare" was due entirely to the reports the press had circulated on insufficient authority...
...Root-Takahira Treaty between the U. S. aud Japan was renewed. According to announcement from the State Department, Secretary Hughes and Ambassador Hanihara sat down and signed the renewal agreement with small fuss at Washington. This Treaty, which provides for arbitration in case of a dispute between the two countries, was originally consummated in 1908, to hold for five years It had already been extended twice for the same period, in 1913 (when Mr. Bryan was Sec- retary of State) and 1918 (Lansing). So the present renewal did not cause much comment. But there was a new provision added...
President Wheelock next proposed a toast to the Commonwealth of Massachusetts and his excellency Governor Draper. Governor Draper spoke of his pleasure at being asked to convey the greetings of the Commonwealth to so illustrious a statesman as Baron Takahira, and complimented him on his speech. He mentioned the debt which the community owes to President Taft for sending the ambassador to Boston. There is no reason for any clash between the countries and he expressed his intention to further the friendship as far as was right and proper, concluding by extending the best wishes of the Commonwealth...
...last speaker as follows: "Now a toast to one whom we all love and respect, and one whose name has become a household name the world over. President Eliot rose to speak, wearing the decoration which had just been conferred upon him, and corresponding to that which Baron Takahira wore. The President's speech ran in part as follows: "Since I have listened to the speeches I have wondered what fundamental forces there may be which will bring an end to war." Here he branched off to speak of the honor which had been done him and read the speech...