chapter
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the bank against expansions the Mitsui industrial empire. A case in

which seemed risky to the Mitsuis yet evidently necessary to the industrial leaders without Mitsui. Masuda, Dan and others felt the brakes of the bank on their initiative more than once. In the 1920s Mitsui Bank had a difficult time finding profitable and safe outlets for its growing deposit volume; since the smaller

The problem with this kind of condition was that, with the Mitsui Joint Families owning and controlling the entire concern, Mitsui grew into a state within the state existing for the interest of one single family and their profits and power. Mitsui had been the loyal - though by no means disinterested - servant of the govern­ ment and its modernisation drive. It had received privileges because what was good for Mitsui was also good for Japan's modernisation. But once the vision was lost, and the senior statesmen gone, the public grew suspicious of Mitsui's motives and many came to the conclusion that, what is good for Mitsui might be detrimental to Japanese society.