The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 110 |
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The especially close political and economic relationship
of Japan and the United States in the post-war
period must be one of the causes for such a premature agreement,
but the strong urge on the part of the few biggest
Zaibatsus to establish insurmountable advantages in this
field before others become prepared has also played an
important role behind the curtain. This agreement would
then become their first springboard with which to plunge
into closer and more entangled relationships with American
monopolistic businesses in this field. In this connection,
Mr. I. Terao, the spokesman of the Mitsubishi Atomic Power
Committee, indicated that the Mitsubishi Shoji (Trading)
was under negotiation with Westinghouse Electric Corporation
and North American Aviation, Inc. for import of atomic
reactors for experiment purposes, as early as 1955* It
was also reported that the Dai-iti Bussan (Mitsui group),
rival of the former, was also under negotiation with General
Electric Company for a similar purpose.^
IV. DEFENSE INDUSTRY
The war industry and light industry for export were
the two main props of the pre-war Japanese economy. Upon
^Editorial (Ryokuchi-Tai Column), The Asahi News. November 2, 1955*
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| Title | The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 110 |
| Repository email | cisadmin@lib.usc.edu |
| Full text | The especially close political and economic relationship of Japan and the United States in the post-war period must be one of the causes for such a premature agreement, but the strong urge on the part of the few biggest Zaibatsus to establish insurmountable advantages in this field before others become prepared has also played an important role behind the curtain. This agreement would then become their first springboard with which to plunge into closer and more entangled relationships with American monopolistic businesses in this field. In this connection, Mr. I. Terao, the spokesman of the Mitsubishi Atomic Power Committee, indicated that the Mitsubishi Shoji (Trading) was under negotiation with Westinghouse Electric Corporation and North American Aviation, Inc. for import of atomic reactors for experiment purposes, as early as 1955* It was also reported that the Dai-iti Bussan (Mitsui group), rival of the former, was also under negotiation with General Electric Company for a similar purpose.^ IV. DEFENSE INDUSTRY The war industry and light industry for export were the two main props of the pre-war Japanese economy. Upon ^Editorial (Ryokuchi-Tai Column), The Asahi News. November 2, 1955* |
