Hayato Ikeda

Born Dec. 3, 1899, in the prefecture of Hiroshima; died Aug. 13, 1965, in Tokyo. Japanese statesman.

A graduate of the law department of the University of Kyoto (1925), Ikeda was deputy minister of finance in 1947 and 1948, minister of finance from 1949 to 1952, minister of foreign trade and industry in 1952, minister of finance in 1956 and 1957, state minister (minister without portfolio) in 1958, and minister of foreign trade and industry in 1959 and 1960. From 1960 to 1964, Ikeda was president of the Liberal Democratic Party and prime minister of Japan. In 1961 the Ikeda government founded the fund for economic cooperation with other countries, to help Japanese investments abroad in view of the growing economic and political expansion of Japanese monopolies in Southeast Asia, the Middle East, and Africa.