Author | Edward S. Miller |
---|---|
Published | 2007 |
Publisher | United States Naval Institute |
ISBN | 1682478971 |
Bankrupting the Enemy: The U.S. Financial Siege of Japan Before Pearl Harbor is a 2007 economic history book by Edward S. Miller.
In Bankrupting the Enemy, Miller argues that economic sanctions held against Japan in response to the invasion of Manchuria and Second Sino-Japanese War, and the freezing of assets critical to the Japanese economy, forced them to declare war on the United States. [1] [2] It is the first book to be released that specifically focuses on the financial embargo of Japan, [3] which Miller claims was the most critical aspect that pushed Japan towards attacking Pearl Harbor. [4] The book posits that while President Franklin D. Roosevelt enacted policy to "bring Japan to its senses, not its knees", this goal was intercepted by bureaucrats who prevented Japan from buying any resources necessary for its economic survival. [4]
Strategic Studies Quarterly stated that "books about finance, international trade, and economic analysis usually do not end up in the collections of many military professionals; Bankrupting the Enemy should", and gave praise to its research and "easy-to-read style". [4] Enterprise & Society was similarly positive, calling it a "fascinating and exceptionally presented book", and said that "the content is detailed and factual, but Miller's cleanly written narrative retains its interest and pace throughout." [3]
Financial History Review was overall positive to Bankrupting the Enemy, saying "this is a great book, and it will be of interest to researchers and laymen, and everybody interested in the origins of the Pacific War, Japanese economic history and US policy history", however they noted that some aspects of the book, such as its elaborate descriptions of production processes, would not be of interest to all readers. [5] They also lamented a lack of Japanese primary sources, as did The Journal of Economic History , who further criticised its dry tone, saying that it "reads as if a wartime bean counter were painstakingly describing the input-output matrix for the entire Japanese wartime economy", and went on to suggest that a cliometric analysis of the impacts of the economic sanctions would have improved the book. [1]
Isoroku Yamamoto was a Marshal Admiral of the Imperial Japanese Navy (IJN) and the commander-in-chief of the Combined Fleet during World War II. Yamamoto held several important posts in the Imperial Navy, and undertook many of its changes and reorganizations, especially its development of naval aviation. He was the commander-in-chief during the early years of the Pacific War and oversaw major engagements including the attack on Pearl Harbor and the Battle of Midway. Yamamoto was killed in April 1943 after American code breakers identified his flight plans, enabling the United States Army Air Forces to shoot down his aircraft.
The attack on Pearl Harbor was a surprise military strike by the Imperial Japanese Navy Air Service on the American naval base at Pearl Harbor in Honolulu, Hawaii, in the United States, just before 8:00 a.m. on Sunday, December 7, 1941. At the time, the United States was a neutral country in the World War II conflict. The attack on Hawaii and other U.S. territories led the United States to formally enter World War II on the side of the Allies the day following the attack, on December 8, 1941. The Japanese military leadership referred to the attack as the Hawaii Operation and Operation AI, and as Operation Z during its planning.
Husband Edward Kimmel was a United States Navy four-star admiral who was the commander in chief of the United States Pacific Fleet (CINCPACFLT) during the Japanese attack on Pearl Harbor. He was removed from that command after the attack, in December 1941, and was reverted to his permanent two-star rank of rear admiral due to no longer holding a four-star assignment. He retired from the Navy in early 1942. The United States Senate voted to restore Kimmel's permanent rank to four stars in 1999, but President Clinton did not act on the resolution, and neither have any of his successors.
Doris "Dorie" Miller was a U.S. Navy sailor who was the first Black recipient of the Navy Cross and a nominee for the Medal of Honor. As a mess attendant second class in the United States Navy, Miller helped carry wounded sailors to safety during the attack on Pearl Harbor. He then manned an anti-aircraft gun and, despite no prior training in gunnery, officially shot down one plane, but Miller and other eye witnesses claimed the ranges of four to six.
USS Enterprise (CV-6) was a Yorktown-class carrier built for the United States Navy during the 1930s. She was the seventh U.S. Navy vessel of that name. Colloquially called "The Big E", she was the sixth aircraft carrier of the United States Navy. Launched in 1936, she was the only Yorktown-class and one of only three American fleet carriers commissioned before World War II to survive the war. She participated in more major actions of the war against Japan than any other United States ship. These actions included the attack on Pearl Harbor — 18 Douglas SBD Dauntless dive bombers of her air group arrived over the harbor during the attack; seven were shot down with eight airmen killed and two wounded, making her the only American aircraft carrier with men at Pearl Harbor during the attack and the first to sustain casualties during the Pacific War — the Battle of Midway, the Battle of the Eastern Solomons, the Battle of the Santa Cruz Islands, various other air-sea engagements during the Guadalcanal Campaign, the Battle of the Philippine Sea, and the Battle of Leyte Gulf. Enterprise earned 20 battle stars, the most for any U.S. warship in World War II, and was the most decorated U.S. ship of World War II. She was also the first American ship to sink a full-sized enemy warship after the Pacific War had been declared when her aircraft sank the Japanese submarine I-70 on 10 December 1941. On three occasions during the war, the Japanese announced that she had been sunk in battle, inspiring her nickname "The Grey Ghost". By the end of the war, her planes and guns had downed 911 enemy planes, sunk 71 ships, and damaged or destroyed 192 more.
The Hull note, officially the Outline of Proposed Basis for Agreement Between the United States and Japan, was the final proposal delivered to the Empire of Japan by the United States of America before the attack on Pearl Harbor and the Japanese declaration of war. The note, delivered on November 26, 1941, is named for Secretary of State Cordell Hull. It was the diplomatic culmination of a series of events leading to the attack on Pearl Harbor. Notably, its text repeats previous American demands for Japan to withdraw from China and from French Indochina. No further American proposals were made before the attack on Pearl Harbor, as the US government had received intelligence that Japan was preparing an invasion of Thailand.
Mitsuo Fuchida was a Japanese captain in the Imperial Japanese Navy Air Service and a bomber observer in the Imperial Japanese Navy before and during World War II. He is perhaps best known for leading the first wave of air attacks on Pearl Harbor on 7 December 1941. Working under the overall fleet commander, Vice Admiral Chūichi Nagumo, Fuchida was responsible for the coordination of the entire aerial attack.
Economic sanctions are commercial and financial penalties applied by states or institutions against states, groups, or individuals. Economic sanctions are a form of coercion that attempts to get an actor to change its behavior through disruption in economic exchange. Sanctions can be intended to compel or deterrence.
USS Pensacola (CL/CA-24) was a cruiser of the United States Navy that was in service from 1929 to 1945. She was the lead ship of the Pensacola class, which the Navy classified as light cruisers in 1929, with the Pensacola herself originally designated as "CL-24." Under the terms of the Washington Naval Treaty, from 1931 on the class was re-classified as heavy cruisers, with the Pensacola being re-designated as "CA-24." The third Navy ship to be named after the city of Pensacola, Florida, she was nicknamed the "Grey Ghost" by Tokyo Rose. She received 13 battle stars for her service.
Various conspiracy theories allege that U.S. government officials had advance knowledge of Japan's December 7, 1941, attack on Pearl Harbor. Ever since the Japanese attack, there has been debate as to why and how the United States was caught off guard, and how much and when American officials knew of Japanese plans for an attack. In September 1944, John T. Flynn, a co-founder of the non-interventionist America First Committee, launched a Pearl Harbor counter-narrative when he published a 46-page booklet entitled The Truth about Pearl Harbor, arguing that Roosevelt and his inner circle had been plotting to provoke the Japanese into an attack on the U.S. and thus provide a reason to enter the war since January 1941. Flynn was a political opponent of Roosevelt, and had strongly criticised him for both his domestic and foreign policies. In 1944, a congressional investigation conducted by both major political parties provided little by way of vindication for his assertions, despite Flynn being chief investigator.
The First Washington Conference, also known as the Arcadia Conference, was held in Washington, D.C., from December 22, 1941, to January 14, 1942. President Roosevelt of the United States and Prime Minister Churchill of the United Kingdom attended the conference, where they discussed a future United Nations.
The Office of Administrator of Export Control was established in the United States by Presidential Proclamation 2413, July 2, 1940, to administer export licensing provisions of the act of July 2, 1940. Brigadier General Russell Lamont Maxwell, United States Army, headed up this military entity. It was abolished by Presidential Executive Order 8900, September 15, 1941, and its functions were transferred to the Economic Defense Board, which had been established by Presidential Executive Order 8839, July 30, 1941, to develop policies and programs to strengthen U.S. international economic relations. The name was changed to Board of Economic Warfare by Presidential Executive Order 8982, December 17, 1941. In turn, it was abolished by Executive Order 9361, July 15, 1943, and the functions were transferred to the newly created Office of Economic Warfare, OEM, which also assumed control of U.S. Commercial Company, Rubber Development Corporation, Petroleum Reserves Corporation, and Export-Import Bank of Washington from the Reconstruction Finance Corporation. Consolidated into the Foreign Economic Administration, 1943.
USS Mahan (DD-364) was the lead ship of the United States Navy's Mahan-class destroyers. The ship was named for Rear Admiral Alfred Thayer Mahan, a 19th-century naval historian and strategic theorist. Her design ushered in major advances over traditional destroyers. Among them were a third set of quadruple torpedo tubes, protective gun shelters, and emergency diesel generators, along with a steam propulsion system that was simpler and more efficient to operate.
International relations between Japan and the United States began in the late 18th and early 19th century with the diplomatic but force-backed missions of U.S. ship captains James Glynn and Matthew C. Perry to the Tokugawa shogunate. Following the Meiji Restoration, the countries maintained relatively cordial relations. Potential disputes were resolved. Japan acknowledged American control of Hawaii and the Philippines, and the United States reciprocated regarding Korea. Disagreements about Japanese immigration to the U.S. were resolved in 1907. The two were allies against Germany in World War I.
The Dutch East Indies campaign of 1941–1942 was the conquest of the Dutch East Indies by forces of the Empire of Japan in the early days of the Pacific campaign of World War II. Allied forces attempted unsuccessfully to defend the islands. The East Indies were targeted by the Japanese for their rich oil resources which would become a vital asset during the war. The campaign and subsequent three-and-a-half-year Japanese occupation was also a major factor in the end of Dutch colonial rule in the region.
A series of events led to the attack on Pearl Harbor. War between the Empire of Japan and the United States was a possibility each nation's military forces had planned for after World War I. The expansion of American territories in the Pacific had been a threat to Japan since the 1890s, but real tensions did not begin until the Japanese invasion of Manchuria in 1931.
The Marshalls–Gilberts raids were tactical airstrikes and naval artillery attacks by United States Navy aircraft carrier and other warship forces against Imperial Japanese Navy (IJN) garrisons in the Marshall and Gilbert Islands on 1 February 1942. It was the first of six American raids against Japanese-held territories conducted in the first half of 1942 as part of the undertaken strategy.
Cornelius Cole "Corney" Smith Jr. was an American author, military historian, illustrator and painter. A survivor of the Japanese attack on Pearl Harbor, he was an officer in the United States Marines during World War II and retired at the rank of colonel. After leaving military service in 1947, he held a number of important positions including his employment as an architect for the Arabian-American Oil Company and a museum curator for the Scripps Institution of Oceanography. After receiving his MA and Ph.D. degrees in history at Claremont Graduate School, he spent the 1950s as chief of the Historical Division for the 15th Air Force, Strategic Air Command.
The attack on Pearl Harbor has received substantial attention in popular culture in multiple media and cultural formats including film, architecture, memorial statues, non-fiction writing, historical writing, and historical fiction. Today, the USS Arizona Memorial on the island of Oahu honors the dead. Visitors to the memorial reach it via boats from the naval base at Pearl Harbor. The memorial was designed by Alfred Preis, and has a sagging center but strong and vigorous ends, expressing "initial defeat and ultimate victory". It commemorates all lives lost on December 7, 1941.
Japan participated in World War II from 1939 to 1945 as a member of the Axis and encapsulates a significant period in the history of the Empire of Japan, marked by significant military campaigns and geopolitical maneuvers across the Asia-Pacific region. Spanning from the early 1930s to 1945, this tumultuous era witnessed Japan's expansionist policies and aggressive military actions, including the invasion of the Republic of China, the annexation of French Indochina, and the subsequent incursion into British India. The Pacific War, a major theater of World War II, further intensified Japan's engagements, leading to significant confrontations with Allied forces in the Pacific Ocean. Ultimately, the conflict culminated in the Surrender of Japan, a momentous event that marked the end of hostilities and reshaped the global landscape.