Word: tanzan
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Dates: during 1956-1956
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According to a Tokyo columnist, Tanzan Ishibashi never learned to count money as a boy, and in early manhood was something of a spendthrift. Today, at 72, Ishibashi is one of Japan's foremost economists, but a reputation for unorthodoxy persists. Last week, becoming Japan's new Premier (TIME, Dec. 24), his first act was to attempt to discount widespread impressions that he: 1) favors an inflationary policy; 2) plans unlimited trade with Red China; 3) opposes U.S. policy on Japan...
Three candidates for the succession, all hale and heartily conservative but not a great deal younger than Hatoyama, presented themselves: Nobusuke Kishi, 60, the party's crafty, pushing secretary-general; Mitsujiro Ishii, 67, its astute planning chairman; and Tanzan Ishibashi, 72, oaken-faced Minister of International Trade and Industry. With no real dispute about policy between them, all vied in vowing to "clean up the party and restore ethics," and boasted of their health. Kishi pointed out that he was the youngest; Ishibashi crowed that "I can eat and drink anything," and that he sleeps well. Amidst reports...
...Finance Minister in Japan's third postwar Cabinet, pudgy, iron-willed Tanzan Ishibashi feuded frequently with General Douglas MacArthur and was purged from office in 1947. Last week, as the strong-minded Minister of International Trade and Industry in the indecisive administration of Ichiro Hatoyama, Ishibashi once again crossed swords with the U.S. In the Oriental Economist, a magazine he has owned since 1939, Ishibashi made the first official announcement that Japan will press for increased "economic and cultural exchanges" with Red China...