Shashi the Journal of Japanese Business and Company History
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Published By "University Library System, University Of Pittsburgh"

2169-0820

Author(s):  
Steven Ivings

This article examines the business activities of John Henry Duus, a long-standing foreign resident of the treaty port of Hakodate. In the first of this two-part article, I trace Duus’ background and focus in on his efforts to conduct business at Hakodate in the 1860s. Though Duus’ efforts to foster trade between Japan and western countries proved largely fruitless, he played an important role as a local agent for Chinese and China-based western firms and thus was active in fostering intra-Asian trade. As an Asia-born Anglo-Dane who first came to Hakodate as a British merchant but later switched allegiances to Denmark and served as Danish consul, Duus’ career also points to the cosmopolitan background of western treaty porters at the more peripheral treaty ports such as Hakodate.


Author(s):  
Steven Ericson

Contrary to widely accepted views, the former zaibatsu owner families, despite the drastic reduction in their enormous wealth, emerged from the U.S. Occupation with relatively sizable assets. The Holding Company Liquidation Commission, the Japanese agency that at the direction of Occupation Headquarters (GHQ) seized stocks that the zaibatsu families had held either directly or through their holding companies, worked to protect the families, especially by convincing GHQ to switch compensation from nonnegotiable bonds to cash. Furthermore, in the sale of stocks, the policy of giving purchase priority to zaibatsu company employees appears to have made it possible in some cases for the families to buy back shares and regain control over their former enterprises after 1952. As it turned out, the confiscatory measure was not so much the appropriation of the families’ assets under the GHQ-mandated dissolution of the combines as it was the Japanese government’s own punitive capital levy.


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