Kataoka Naoharu

Kataoka Naoharu
片岡 直温
Minister of Finance
In office
19 September 1926 – 20 April 1927
Prime MinisterWakatsuki Reijirō
Preceded byHayami Seiji
Succeeded byTakahashi Korekiyo
Minister of Commerce and Industry
In office
2 August 1925 – 14 September 1926
Prime MinisterKatō Takaaki
Wakatsuki Reijirō
Preceded byNoda Utarō
Succeeded byFujisawa Ikunosuke
Member of the House of Peers
In office
11 April 1930 – 21 May 1934
Nominated by the Emperor
Member of the House of Representatives
In office
10 May 1924 – 21 January 1930
Preceded byYasutarō Okumura
Succeeded byKonosuke Yasuda
ConstituencyKyoto 2nd (1924–1928)
Kyoto 1st (1928–1930)
In office
15 May 1908 – 26 February 1920
Preceded byHayami Kumatarō
Succeeded byConstituency abolished
ConstituencyMie Counties (1908–1912)
Kōchi Counties (1912–1915)
Kyoto Counties (1915–1920)
In office
15 March 1898 – 10 June 1898
Preceded byBunzaburō Toyota
Succeeded byTokuzō Itō
ConstituencyOsaka 2nd
In office
15 February 1892 – 9 June 1893
Preceded byHayashi Yūzō
Succeeded byHayashi Yūzō
ConstituencyKōchi 2nd
Personal details
Born(1859-10-13)13 October 1859
Died21 May 1934(1934-05-21) (aged 74)
PartyRikken Minseitō
Other political
affiliations
Jiyūtō (1892–1898)
Yamashita Club (1898)
Independent (1908–1910)
Rikken Kokumintō (1910–1913)
Rikken Dōshikai (1913–1916)
Kenseikai (1916–1927)

Kataoka Naoharu (片岡 直温; October 13, 1859 – May 21, 1934) was a Japanese entrepreneur and politician during the prewar period. He served as Minister of Commerce and Industry (1924), Minister of Finance (1927), and a member of the House of Peers (1930-1934).

Biography

Kataoka was born on October 13, 1859, in Tosa Province (present-day Kōchi Prefecture). He served as an official in the police department of Shiga Prefecture. In 1880, he was transferred to Tokyo, where he caught the attention of Itō Hirobumi and was recruited into the Home Ministry. However, in 1889, Kataoka was recruited away from a career to accept the post of vice president of Nippon Life Insurance Company, and subsequently served as president of the company from 1903 to 1919. He was also president of the Miyako Hotels chain from 1915, and served as a member of the board for the Kyōdō Bank and Kansai Railways.

Kataoka returned to political life as a member of the Lower House of the Diet of Japan in the 1892 General Election, and was subsequently re-elected eight times. A political ally of Katsura Tarō, he joined Katsura’s Rikken Dōshikai political party in 1913 and subsequently served as a senior official in the Kenseikai. As a politician, he was sympathetic to labor relations issues, advocating a government-run worker’s insurance plan and an easing of police restrictions on labor protests.[1]

Kataoka joined the cabinet during the 2nd administration of Prime Minister Katō Takaaki as Minister of Commerce and Industry in 1924. He later served as Minister of Finance under the 1st cabinet of Wakatsuki Reijirō in 1927. However, his public proclamation during budgetary deliberations on March 14, 1927, that the Tokyo Watanabe Bank had gone bankrupt, when in fact it had not, resulted a bank run and was one of the main factors behind the Shōwa financial crisis and the collapse of the Wakatsuki administration.[2]

Kataoka was awarded with a seat in the House of Peers from 1930. He died on May 21, 1934.

References

  1. ^ Garon, Sheldon (1990). The State and Labor in Modern Japan. The University of California Press. p. 57. ISBN 0520068386.
  2. ^ Hoshi, Takeo (2004). Corporate Financing and Governance in Japan: The Road to the Future. The MIT Press. p. 27. ISBN 0262582481.