New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1917-11-22
SPECIAL JAPANESE
FINANCE BOARD
To Meet the ExigenCies Arising
Out Of the World War

New York, Nov. ga special Jap
anese Finance Commission has been
established to carry on the work Of in
vestigating the financial and economic
measures adopted by the foreign
powers to meet the eXigencies arising
cut of tho great world war, the pur-
Eose of it's Investigations being to
furnish Japan with instructive in
formation rs to ways and means for
furthering the development of the
empire both during and after the war
In pursuance of this purpose persons,
officials and private individuals, hav-
ing ability and experience in the
treatment of the subjects concerned,
are to be selected from time to time.
and charged with this important mis-
sion. a statement issued concerning
tho composition and purpose Of the
commission says:
AS the first step, Baron Megata,
chief of the commission and his as
scciate commissioners have been or
dcrcd to proceed to the United States
the power now most closely related to
this empire Gapan In many respects.
1t is with extraordinary determina-
ton that the United States has joined
l.. the war. The financial measures
which she has adopted for the time
OF the war. and the economic poll.
cies which she has framed for the
period to follow the war, have been
PLANNED on large scale and with
great foresight, so that they will
naturally bring about an entirely new
situation in the industrial and none
tary circles of the world.
Therefore, the sending of these
commissioners to the United States in
order to enable them to observe per-
sonally the conditions actually exist
ing in that country and so to create
tetween the two nations better I'M
Outstanding which shall serve to pro-
mote the mutual interest of both
countries will not only be instrument
te' in furthering relations of intimacy
between Japan and the United States
hut also will have the good effect of
bringing into clearer light the in
dustrial and financial fields of this
empire. both during and after the war
That the United States will hold a
dominant position in the money mar
ket Of the world after the war seems
quite certain, and consequently to
strengthen the basis of cooperation
with her Is tantamount to advancing
the economic position of this empire. !
I'm the selection of the commits
sioners. comparatively many appoint |
nlents have made from business !
Gil Giles, In as much as the necessity OF
raking the investigation q com bined
effort of both government and people j
has been keen1y felt by the authori-
ties"
The full names OF the members Of !
the commission sent to the United
States are as follows:
Baron Tanctaro Megata. chief Of tho !!
Special Finance Commission. Mem
Der of the House of Peers.
Osamu MatEumoto. special finance
commissioner Secretary in the De-
pa rtment Of Finance.
Takenosukc Sakaguchi, special r.
nance commissioner. Technical in
srector in the extraordinary investi-
cation bureau, Department OF Finance.
Baron Bunkichi Ito, special finance
commissioner. Secretary in the Ex-
traordinary Industrial Investigation
Bureau, Department Of Agriculture
and Commerce.
Doctor Seiji Hishitla, special finance
commissioner. Secretary interpreter
to the government general of Cho-
sen (Korea.)
Umekichi Yoneyama, special finance
conn missioner. managing GATOR OF
the Mitsui bank. ltd. Tokyo.
Yoshitaro Yamashita, special f.
rance commissioner. General mana
ger Of the Sumitomo Firm, Osaka.
Chozo Koike, special finance COM
missioner. Director Of the Kuhara
head once. Osaka.
Kenjuro Matsumoto, special finance
corn missioner. Representative of tho
Yasukawa Mining Co., Fukuoka.
Faron Megata was born in July,
1873 one month after the celebrated
Commodore Perry entered Toxic Bay.
His boyhood was spent in the restless
period Of the Imperial Restoration. He
Was the first student sent by the I'M
pc rial government to America and the
first Japanese to graduate from an
American university, his class at Har-
vHrd being that OF 1874.
When Marquis Matsukata made an
extensive tour of financial and eco
rrmic investigation in Europe and
America in 1902, Baron Megata &c