Browse By

Tag Archives: True Constitutional Friends Party (1924-1927)

Reijiro Wakatsuki and the Showa Financial Crisis

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.

Takaaki Kato and Universal Male Suffrage

From 1924-1926, Takaaki Kato led an administration which marked the pinnacle of the period of “Taisho Democracy.” Its crowning achievement was the passage of a law granting voting rights to all male Japanese age 25 or older, regardless of economic status.