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Osachi Hamaguchi (濱口 雄幸 Hamaguchi Osachi?, 1 April 1870–26 August1931) was a Japanese politician and the 27th Prime Minister of Japan from 2 July 1929 to 14 April 1931. He was called the "Lion prime minister"(ライオン宰相) due to his physical features.
Early life
Political careerHamaguchi was elected to the lower house in the Japanese Diet in 1915, as a member of the Kenseikai political party. He later served as Finance Minister under the 1st and 2nd administrations of Kato Takaaki (1924, 1925) and as Home Minister under the cabinet of Wakatsuki Reijiro (1926). In 1927, Hamaguchi became the chairman of the new Rikken Minseito political party formed by the merger of the Kenseikai and the Seiyu Honto. Prime MinisterAfter the collapse of the administration of Tanaka Giichi in 1929, Hamaguchi became Prime Minister of Japan and formed a cabinet based largely on Minseito party members.
In his term of office, Hamaguchi attempted to strengthen the Japanese economy through fiscal austerity measures. Hamaguchi's fiscal policy, however, proved disastrous. The Hamaguchi government put Japanese Yen on the gold standard to help stimulate exports, a measure that greatly worsened the impact of the worldwide Great Depression of 1929 on the already feeble economy. This failure of Hamaguchi’s economic played into the hands of right-wing elements, already enraged by the government's conciliatory foreign policies and efforts to reduce military spending. Hamaguchi fell victim to an assassination attempt on 14 November 1930 when he was shot in Tokyo Station by Tomeo Sagoya, a member of the Aikoku-sha ultranationalist secret society. (Nine years earlier another Prime Minister, Hara Takashi, had been assassinated near the same place.) The wounds kept Hamaguchi hospitalized for several months, but he struggled through physical weakness to win the February 1931 election. He returned to his post in March of 1931 but resigned a month later to be replaced by Reijiro Wakatsuki. References
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