Shigeyoshi Matsuo

Shigeyoshi Matsuo
松尾 臣善
6th Governor of the Bank of Japan
In office
20 October 1903 – 1 June 1911
Prime MinisterKatsura Tarō
Saionji Kinmochi
Katsura Tarō
Preceded byYamamoto Tatsuo
Succeeded byTakahashi Korekiyo
Member of the House of Peers
In office
10 March 1900 – 7 April 1916
Nominated by the Emperor
Personal details
Born(1843-03-06)6 March 1843
Died7 April 1916(1916-04-07) (aged 73)

Baron Shigeyoshi Matsuo (松尾 臣善, Matsuo Shigeyoshi; 6 March 1843 – 7 April 1916) was a Japanese businessman, central banker and the 6th Governor of the Bank of Japan (BOJ). He was a Baron and a member of Japan's House of Peers from 1900 through 1916.[1]

Early life

Matsuo was born in Hyōgo Prefecture.[2]

Career

In 1900, Matsuo had risen to the position of bureau chief in the Finance Ministry.[3]

Matsuo was BOJ Governor from 20 October 1903 to 1 June 1911.[4] During his term, the bank managed the money supply to restrain inflation.[5]

In 1904, Matsuo assembled the heads of 35 commercial banks, offering favourable terms for lending by BOJ.[5]

Matsuo construed complaints about "bad times" to mean that economic conditions were normal, and that there had been diminished opportunities for speculation.[6]

Notes

  1. ↑ Augello, Massimo et al. (2005). Economists in Parliament in the Liberal Age (1848–1920), p. 278 n39., p. 278, at Google Books
  2. ↑ Bank of Japan (BOJ), 6th Governor
  3. ↑ Duus, Peter. (1995). The Abacus and the Sword: The Japanese Penetration of Korea, 1895-1910, p. 162., p. 162, at Google Books
  4. ↑ BOJ, List of Governors.
  5. 1 2 Wolf, David et al. (2007). The Russo-Japanese War in Global Perspective: World War Zero, p. 263., p. 263, at Google Books
  6. ↑ Matsuo, Shigeyoshi. (1911). "The Banking Year in Japan in 1910," in The Market world and Chronicle, Vol. 1, p. 20., p. 20, at Google Books

References

  • Augello, Massimo M. and Marco Enrico Luigi Guidi. (2005). Economists in Parliament in the Liberal Age (1848-1920). Burlington: Ashgate.ISBN 9780754639657; OCLC 470670050
  • Duus, Peter. (1995). The Abacus and the Sword: The Japanese Penetration of Korea, 1895-1910. Berkeley: University of California Press.ISBN 9780520086142 OCLC 232346524