Shigeyoshi Matsuo

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In this Japanese name, the family name is "Matsuo".
Shigeyoshi Matsuo

Shigeyoshi Matsuo (松尾臣善 Matsuo Shigeyoshi?, March 6, 1843 – April 7, 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[edit]

Matsuo was born in Hyogo Prefecture.[2]

Career[edit]

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

Matsuo was BOJ Governor from October 20, 1903 to June 1, 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[edit]

  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. ^ a b 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[edit]

Government offices
Preceded by
Tatsuo Yamamoto
Governor of the Bank of Japan
1903-1911
Succeeded by
Korekiyo Takahashi