At the sa ti, these companies registered even more companies in the Cayman Islands, placing their overseas enterprises under these Cayman companies. In the future, their operating funds could flow through Cayman accounts, saving them substantial amounts in operating taxes.
So of Hardy Group’s companies also followed this strategy. As long as it was legal, the Federal Tax Bureau couldn’t do anything about it.
There was now another issue to deal with.
The total funds used to purchase these Japanese enterprises amounted to $570 million, a huge sum of money. Strictly speaking, this money did not belong to Japan, as these enterprises had been confiscated by the U.S. military.
But Hardy and the other consortiums didn’t want to hand this money over to the governnt. They believed they could use it to revitalize Japan’s slumbering and almost dying economy, and then gradually recover it by providing services and products over ti.
The greed of capitalists knows no bounds.
Hardy led a delegation to negotiate with the U.S. governnt, requesting that the money be used for aid and economic reinvestnt in Japan, to help address the difficulties Japan was currently facing.
As Hardy was already the economic envoy for Japan, making such a request seed reasonable. In the past few years, over $2 billion worth of goods and food had already been sent to Japan as aid.
Although they were now trying to shed this burden and implent the Dodge Plan, it was clear that Japan’s economy was sinking further into depression. Unemploynt was staggering, ordinary people could no longer make ends et, and food shortages were so severe that rations had to be introduced. Many were starving daily.
Given Japan’s current strength, the governnt alone could not resolve these issues in the short term.
Finally, President Johnson agreed to use the $570 million for further aid and economic recovery in Japan.
As the special envoy for economic affairs, Hardy had the authority to use these funds.
Hardy was pleased.
With this money, he believed that the Japanese governnt would treat him with the sa reverence they had shown MacArthur.
To facilitate the use of the funds, Hardy requested that the $570 million be placed in Wells Fargo Bank, and the governnt eventually agreed.
On August 15th.
Today marked the arrival of the economic advisory team in Japan.
When Hardy returned to the U.S. from Hong Kong, it was only mid-May. In between, he made trips to the U.K. and the Cayman Islands, and dealt with the consortiums’ acquisition of enterprises, which delayed the tiline until now.
Hardy finally confird his arrival in Japan on August 15th.
As for why August 15th?
There was no special significance.
Hardy simply chose a random date, checked the weather, and saw that it was favorable for travel, so he decided on that day.
Early in the morning, Haneda Airport was bustling with activity as preparations were underway to welco the guests. As the special envoy for economic guidance, Hardy had the authority to plan and direct Japan’s economic developnt. He was practically Japan’s economic ruler, and a single command from him could shake the foundations of Japan’s largest enterprises.
The Japanese Pri Minister and all cabinet mbers ca to welco him.
They had heard that the U.S. governnt had agreed that Hardy would manage the funds from the sale of Japan’s confiscated assets, and that he would use the money to provide aid and manage Japan’s economy.
Money talks, and those who hold it are kings.
Hardy, holding this massive sum of disposable funds, could do whatever he wished. He could decide who would get the money and how it would be used.
Additionally, many Japanese business owners were present. They had also heard that the people arriving with Hardy were from the seven major U.S. consortiums, so of the wealthiest organizations in the world. These Japanese business leaders were eager to secure investnts from them.
Many journalists were also present, including reporters from The Global Tis.
The U.S. had notified MacArthur about Hardy’s visit to Japan. However, after reading the notice, MacArthur tossed the telegram aside.
As the Supre Commander of the Allied Powers, he would never go to the airport to welco Jon Hardy, and he held no fondness for Hardy at all.
Before even arriving in Japan, without consulting him, Hardy had sold off all of Japan’s confiscated assets. To MacArthur, this was a sign of disrespect and disdain. Proud and treated like an emperor in Japan, MacArthur’s arrogance only grew stronger. There was no way he could like Hardy.
The hum of engines~~~!
From a distance, two large aircraft appeared in the sky.
Standing at the airport, the Japanese Pri Minister, cabinet mbers, and welcoming party all looked up at the sky. As the planes drew closer, they could make out the shapes of the aircraft.
Many felt a shiver in their hearts. Read latest chapters at empire
They were B-29 bombers, and two of them, no less.
In the latter stages of World War II, it was B-29 bombers that carried out relentless bombings on Japan’s ho islands, and it was also B-29s that dropped the two atomic bombs. The Japanese people were filled with fear at the sight of these bombers.
The planes landed at the airport.
After taxiing for so distance, they ca to a stop.
The cabin doors opened.
Hardy, along with the delegation from the consortiums, descended from the plane.
Hardy walked forward and saw a delegation led by Japanese Pri Minister Shigeru Yoshida and his cabinet mbers, smiling as they hurried to greet him. He smiled back as a gesture of friendliness. "Welco, Envoy Hardy, to Japan."
"Mr. Hardy, on behalf of all the mbers of the Cabinet, I warmly welco you to Japan," Pri Minister Shigeru Yoshida said, smiling broadly and speaking in a respectful tone.
They had received word that Hardy’s visit this ti was not just to guide economic matters. The last ti they sold off military industrial enterprises, they earned a total of $570 million. It was said that Hardy had convinced the U.S. governnt to bring this money back to Japan, intending to use it for aid and economic recovery.
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