From 1926-1927, Reijiro Wakatsuki led Japan’s ruling party, but his tendency to shy away from confrontations helped put him in a weaker position than his predecessor. As the new Emperor Hirohito began his reign, a careless comment by the finance minister triggered a run on banks.
From 1921-1922, finance specialist Korekiyo Takahashi served as prime minister of Japan. His brief tenure, however, was mainly notable as a period in which the nation was adrift at its senior levels; those in authority or who had commanded policy in earlier years had disappeared through death and illness.
In 1912-1913, Taro Katsura returned for a third and final term as prime minister, but rather than cool the embers of the Taisho Political Crisis, he unexpectedly pours fuel on the fire.
From 1911-1912, aristocrat Saionji Kinmochi returned as prime minister of Japan. Although his government had strong public support, it soon found itself in a budget confrontation with the Imperial Army. Neither side was prepared to back down.
