Press Photos of “The Paralyzed Industries of Japan” after the US and UK Froze Its Assets, 1941
- SIGNED Five photographs. Photos measuring 6 ½ x 8 ½ inches. With typed captions previously affixed, typed captions verso, or manuscri
- Japan: Brown Brothers, 1941
Japan: Brown Brothers, 1941. Five photographs. Photos measuring 6 ½ x 8 ½ inches. With typed captions previously affixed, typed captions verso, or manuscript captions verso; with Brown Brothers stamps verso. Fine contrast and slight marginal damage; overall excellent to Near Fine.. Following the outbreak of the Second Sino-Japanese War, the United States imposed a number of economic sanctions against Japan, including the 1939 termination of its trade treaty with the country, 1940 oil export embargo, and 1941 executive order freezing Japanese assets in the US. Great Britain followed suit shortly thereafter. Offered here is a collection of press photographs documenting the effects of the US and UK’s economic sanctions on Japanese industry. One caption explains:
“The industries of Japan, veritable bee hives until the trade treaty abrogatio by the United States followed by the freezing of funds belonging to the Niponese Government, resulting in the dripping of exports from Japan from $18,000,000 to $500 in the past year has brought about the condition seen in this series of photos.”
The factories pictured include a locomotive plant, textile mill, match factory, and crockery exporter. The sanctions had a devastating impact on Japan’s economy, which is partly blamed for their attack on Pearl Harbor.
“The industries of Japan, veritable bee hives until the trade treaty abrogatio by the United States followed by the freezing of funds belonging to the Niponese Government, resulting in the dripping of exports from Japan from $18,000,000 to $500 in the past year has brought about the condition seen in this series of photos.”
The factories pictured include a locomotive plant, textile mill, match factory, and crockery exporter. The sanctions had a devastating impact on Japan’s economy, which is partly blamed for their attack on Pearl Harbor.