Bankrupting the enemy : the U.S. financial siege of Japan before Pearl Harbor / Edward S. Miller.

Format:

Book

Author/Creator:

Miller, Edward S.

Language:

English

Subjects (All):

Economic sanctions, American--Japan--History--20th century.

Economic sanctions, American.

United States--Foreign economic relations--Japan.

United States.

Japan--Foreign economic relations--United States.

Japan.

Japan--Economic conditions--1918-1945.

Physical Description:

1 online resource (354 p.)

Place of Publication:

Annapolis, Md. : Naval Institute Press, c2007.

Language Note:

English

Summary:

Award-winning author Edward S. Miller contends in this new work that the United States forced Japan into international bankruptcy to deter its aggression. While researching newly declassified records of the Treasury and Federal Reserve, Miller, a retired chief financial executive of a Fortune 500 resources corporation, uncovered just how much money mattered. Washington experts confidently predicted that the war in China would bankrupt Japan, not knowing that the Japanese government had a huge cache of dollars fraudulently hidden in New York. Once discovered, Japan scrambled to extract the

Contents:

CONTENTS; List of Illustrations; Prologue: War Plan Orange; Sources and Technical Notes; Acknowledgments; Introduction: Bankruptcy; 1 Trading with the Enemy; 2 The 1930s: Financial Power Slumbering; 3 Hanging by a Silken Thread; 4 Japan's Failed Quest for Dollars through Manufacturing; 5 Anticipating Japan's Bankruptcy, 1937-1940; 6 Birth of an Embargo Strategy: The Alternative toBankrupting Japan; 7 Export Controls, 1940 to Mid-1941; 8 The Japanese Financial Fraud in New York; 9 An Aborted Financial Freeze, Early 1941; 10 Japan's Vulnerability in Strategic Resources

11 The Vulnerability of the Japanese Economy and People12 The Vulnerability of Japanese Exports to the United States; 13 The Vulnerability of Japan in Petroleum; 14 Momentum for the Financial Freeze, May-July 1941; 15 The Fictitious U.S. Oil Shortage; 16 Freeze: The Crucial Month of August 1941; 17 Barter and Bankruptcy; 18 Calamity: The Economy under Siege; 19 Futility: The Final Negotiations; Epilogue: Bankruptcy and War Crimes; Appendix 1: The U.S. Oil Shortage that Never Was; Appendix 2: Details of the OSS/State Department Study ofJapanese Foreign Trade and Finance; Notes; Bibliography

Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 293-311) and index.

ISBN:

1-61251-118-X

OCLC:

817874363