Junnosuke Inoue

Junnosuke Inoue

Junnosuke Inoue (井上 準之助, Inoue Junnosuke, May 6, 1869 – February 9, 1932) was a Japanese businessman and central banker. He was the 9th and 11th Governor of the Bank of Japan (BOJ).

BiographyEdit

Inoue was born in Ōita Prefecture.[1] In 1897, Inoue was a BOJ trainee along with Hisaakira Hijikata. Both young men were sent by the bank to learn about British banking practices in London.[2] From 1913-1919, Inoue was head of the Yokohama Specie Bank[3] Inoue was Governor of the Bank of Japan from March 13, 1919 – September 2, 1923 and again from May 10, 1927 – June 1, 1928.[4] and Minister of Finance in 1923-1924 and 1929-1931. He briefly presided the Institute of Pacific Relations between Ray Lyman Wilbur nomination as United States Secretary of the Interior and his own second nomination as Japan Minister of Finances.

In 1932, Inoue was one of two prominent Japanese assassinated in the League of Blood Incident.

Description:

Financier and statesman of the Taisho and Showa eras. Born in Oita. A graduate of the Imperial University of Tokyo. In 1896, he entered the Bank of Japan. In 1897, he was sent to England and Belgium for study. After returning to Japan, he successively held important posts as Osaka branch manager and director-general of the sales bureau. He entered the Yokohama Specie Bank in 1911, and later became its president, and then was appointed Governor of the Bank of Japan in 1919. In 1923, he was appointed Minister of Finance in the Gonbee Yamamoto cabinet, and in the following year, was selected as a member of the House of Peers by Imperial command. In 1927, he was re-appointed as Governor of Nihon Ginko(the Bank of Japan), backed by Minister of Finance Korekiyo Takahashi. In 1929, he became the Minister of Finance in the Osachi Hamaguchi cabinet and lifted the gold embargo. After resigning from the post in 1931, Inoue became the administrator of Rikken Minsei-to (Constitutional Democratic Party), but was assassinated by a member of the Ketsumeidan, in the League of Blood Incident.

NotesEdit

ReferencesEdit

  • Metzler, Mark. (2006). Lever of Empire: the International Gold Standard and the Crisis of Liberalism in Prewar Japan. Berkeley: University of California Press. ISBN 9780520244207; OCLC 469841628
  • Tamaki, Norio. (1995). Japanese banking: a History, 1859-1959. Cambridge: Cambridge University Press. ISBN 9780521496766; OCLC 231677071
Political offices
Preceded by
Otohiko Ichiki
Minister of Finance
1923–1924
Succeeded by
Kazue Shōda
Preceded by
Chuzo Mitsuchi
Minister of Finance
1929–1931
Succeeded by
Korekiyo Takahashi
Government offices
Preceded by
Yatarō Mishima
Governor of the Bank of Japan
(1st term)

1919–1923
Succeeded by
Otohiko Ichiki
Preceded by
Otohiko Ichiki
(2nd term)
1927–1928
Succeeded by
Hisaakira Hijikata