was a Japanese speculator-turned

politician A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, a ...

. Born to a peasant family in

Chiba Prefecture is a prefecture of Japan located in the Kantō region of Honshu. Chiba Prefecture has a population of 6,278,060 (1 June 2019) and has a geographic area of . Chiba Prefecture borders Ibaraki Prefecture to the north, Saitama Prefecture to the ...

, Suzuki became an

elementary school A primary school (in Ireland, the United Kingdom, Australia, Trinidad and Tobago, Jamaica, and South Africa), junior school (in Australia), elementary school or grade school (in North America and the Philippines) is a school for primary ed ...

teacher after graduating from a

normal school A normal school or normal college is an institution created to Teacher education, train teachers by educating them in the norms of pedagogy and curriculum. In the 19th century in the United States, instruction in normal schools was at the high s ...

. His uncle's success in the booming

stock market A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as ...

during the

Russo-Japanese War The Russo-Japanese War ( ja, 日露戦争, Nichiro sensō, Japanese-Russian War; russian: Ру́сско-япóнская войнá, Rússko-yapónskaya voyná) was fought between the Empire of Japan and the Russian Empire during 1904 and 1 ...

interested him in equity investment. He left teaching to become a market speculator at age 28. In the market crash of 1920, he earned approximately three million yen by

short-selling In finance, being short in an asset means investing in such a way that the investor will profit if the value of the asset falls. This is the opposite of a more conventional "long" position, where the investor will profit if the value of the ...

of stocks, when the average monthly salary for college graduates was no more than forty yen. Suzuki successfully ran for the

Lower House A lower house is one of two Debate chamber, chambers of a Bicameralism, bicameral legislature, the other chamber being the upper house. Despite its official position "below" the upper house, in many legislatures worldwide, the lower house has co ...

election in 1920. Backed by the

Rikken Seiyūkai The was one of the main political parties in the pre-war Empire of Japan. It was also known simply as the ''Seiyūkai''. Founded on September 15, 1900, by Itō Hirobumi,David S. Spencer, "Some Thoughts on the Political Development of the Japane ...

, he was reelected for five consecutive terms.

References

Footnotes

Japanese schoolteachers Japanese stock traders Politicians from Chiba Prefecture 1882 births 1978 deaths Members of the House of Representatives (Empire of Japan) Rikken Seiyūkai politicians Japanese investors {{Japan-politician-stub