Eigo Fukai

Eigo Fukai (深井 英五, Fukai Eigo, December 31, 1871 – October 21, 1945) was a Japanese businessman, central banker and the 13th Governor of the Bank of Japan (BOJ).

Eigo Fukai
深井 英五
Eigo Fukai
13th Governor of the Bank of Japan
In office
4 June 1935 – 9 February 1937
Preceded byHisaakira Hijikata
Succeeded byShigeaki Ikeda[1]
Personal details
Born(1871-12-31)December 31, 1871
Takasaki, Gunma, Japan
DiedOctober 21, 1945(1945-10-21) (aged 73)

Early life

Fukai was born in Gumma Prefecture.[2]

Career

Fukai was the aide to Takahashi Korekiyo, who was responsible for negotiating war loans to pay for Japan's participation in the Russo-Japanese War.[3]

Fukui was part of the Japanese delegation at the Versailles Peace Conference in 1919.[4] He was a special appointee of the Foreign Office at the Washington Conference on Limitation of Armament in 1921.[5] Fukui was also a Japanese delegate at the London Economic Conference in 1933.[6]

Fukai was Governor of the Bank of Japan from June 4, 1935 – February 9, 1937.[7] His promotion came after seven years as Deputy Governor.[4]

During his term as head of the bank, his chief concern was ensuring confidence in Japan's currency and limiting monetary inflation. Ineffective efforts to slow the growth of military spending marked Fukai's term as BOJ governor.[8]

Notes
  1. "歴代総裁". Bank of Japan. Retrieved 15 February 2018.
  2. Bank of Japan (BOJ), 13th Governor
  3. Smethurst, Richard J. (1997). "Fukai Eigo and the Development of Japanese Monetary Policy," in New Directions in the Study of Meiji Japan, pp. 125-135.
  4. "Heads Bank of Japan; Fukai, Vice Governor, Is Promoted as Hijikata Retires," New York Times. June 4, 1935; retrieved 2011-08-22
  5. Personnel of Delegations ... Principal Delegates," New York Times. November 6, 1921; retrieved 2011-08-22
  6. Byas, Hugh. "End to Trade Bars Desired by Japan; Fukai, Delegate to the World Parley, Declares Tariffs Should Be Reduced," New York Times. May 4, 1933; retrieved 2011-o8-22
  7. BOJ, List of Governors.
  8. Kirshner, Jonathan. (2007). Appeasing Bankers: Financial Caution on the Road to War, p. 85., p. 85, at Google Books

References
  • Hardacre, Helen and Adam L. Kern, eds. (1997). New Directions in the Study of Meiji Japan. Leiden: Brill. ISBN 9789004107359; OCLC 36865636
  • Kirshner, Jonathan. (2007). Appeasing Bankers: Financial Caution on the Road to War. Princeton: Princeton University Press. ISBN 9780691131443; OCLC 470941684
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