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On this day
Revisit the news, notable people, and historical moments connected to this date.
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Situation discussed in House of Commons
Gov Roosevelt orders disbandment of 2 aviation squadrons
Mrs Edison approves plans for memorial on Eagle Rock
1931Shibusawa Eiichi, Japanese businessman (born 1840)[โ ]
Shibusawa Eiichi, 1st Viscount Shibusawa was a Japanese industrialist widely known today as the "father of Japanese capitalism", having introduced Western capitalism to Japan after the Meiji Restoration. He introduced many economic reforms including use of double-entry accounting, joint-stock corporations and modern note-issuing banks.