Oral History Interview with Stephen E. Van Nostrand, April 20, 1987 Page: 52
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52
it will run itself, and he will have time." So we had the
famous lunch, and Kadowaki-san agreed.
We made him a director in Shun's place. We had held
Shun's positions in Nippon Petroleum Refining Company and
Koa and Caltex (Japan) all open, and we made him a director
in all those things. Then he was the man I went to for
advice on government.
Where MITI was concerned, we decided, after Shun's death,
that MITI was primarily concerned with the market place.
They organized it; they really controlled it. They determined
how much oil you could import, how much oil you could man-
ufacture, and how much you could sell. They determined how
many service stations you could have. All of these things
were under the administrative guidance of MITI. Inasmuch
as we were not at market level--the only marketing we did
was on our books, when we bought the refineries and resold
it to Nippon Oil--we thought that Nippon Oil should have the
first person confrontation with MITI and should be in charge
of the group's relations where MITI was concerned. On the
refining side, Koa had its own avenues, as did NPRC. But we
decided it should be a Japanese thing.
I would go around every year and have a cup of tea in
the traditional way with the MITI minister and give him New
Year's greetings and let him know how happy we were with the
administrative guidance we were being provided. And that
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Marcello, Ronald E. & Van Nostrand, Stephen E. Oral History Interview with Stephen E. Van Nostrand, April 20, 1987, book, April 20, 1987; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metadc306889/m1/54/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Oral History Program.