"It is my personal belief that when Yoshinobu Tokugawa accepted the shogunate despite the opposition of his trusted retainers, he did so with the full intention of restoring to the Imperial House its rightful power. I used to ask him about this, and while he never admitted it, he never denied it. That was characteristic of him. He was the most modest and self-effacing of men—the last man who would have claimed for himself the credit for performing a self-sacrificing and heroic act of patriotism. For him the performance of the act was sufficient."


Throughout my talk with Viscount Shibusawa I felt in him the passionate loyalty of the retainer to his lord. Where I had wished for reminiscences of a more personal nature, the Viscount, I could see, thought of himself first of all in his relation to the family of Prince Yoshinobu, the last shogun, whose retainer he was. He was not interested in telling me of his own career, but he was profoundly interested in seeing that I, being a writer, should understand the relationship of Prince Yoshinobu to the Imperial Restoration. His attitude reminded me of that of a noble old Southern gentleman, now dead and gone, who had been the adjutant of Robert E. Lee, and who loved Lee and loved to talk about him. When I talked with him it was the same. I had great difficulty in getting him to tell me about his own experiences.

The loyalty of the retainer to the family of his lord is also to be seen in the relationship between the Viscount and young Prince Keikyu Tokugawa, son of Yoshinobu. After the death of the father the Viscount continued to act as advisor to the son. He became his chief counsellor, and when, a few years since, he resigned from the board of directors of the First Bank of Japan—the bank which he founded five years after the Restoration—it was young Prince Tokugawa who succeeded to his empty chair.

The Prince, who is a member of the House of Peers, is known in the United States, having come here during the war as representative of the Japanese Red Cross.


Viscount Shibusawa is also a figure not unfamiliar to Americans, having visited this country several times. I am indebted to him for an anecdote illustrative of the prodigious memory of President Roosevelt.

"Eighteen years ago," he said, "when Mr. Roosevelt was president, I called upon him at the White House. We had a pleasant talk. He complimented the behaviour of the Japanese troops in the Boxer trouble, saying that they were not only brave but orderly and well disciplined. Then he spoke with admiration of the art of Japan.

"I said to him, 'Mr. President, I am only a banker, and I regret to say that in my country banking is not yet so highly developed as is art.'

"'Perhaps it will be,' he replied, 'by the time we meet again.'