Word: satos
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...even in what appeared to be strictly an affair of state as Nixon met Tanaka for the first time since the blunt and hearty Premier replaced Eisaku Sato last July, the major topic of discussion carried domestic political overtones for Nixon. His Administration is vulnerable to Democratic attack for the huge balance of payments deficit (4.1 billion in the first six months of 1972 and nearly $30 billion in 1971) that the U.S. faces. No other nation holds such a large advantage in its trade with the U.S. as Japan, which is expected to sell some $3.5 billion more...
Tanaka's accession to power may well mark the end of the reserved and cautious style of national stewardship epitomized by his predecessor, Eisaku Sato, 71. The new Premier's election automatically followed his victory in a hard-fought struggle for leadership of the ruling Liberal Democratic Party, whose popularity had eroded in the later years of Sato's 7½-year regime. Sato favored Foreign Minister Takeo Fukuda, 67, for party president and Premier, and the L.D.P.'s brusque rejection of his protege at a convention in downtown Tokyo's big Hibiya Hall last...
...vote reflected not so much Tanaka's popularity as consternation in the party ranks over the Liberal Democrats' sagging fortunes under Sato. The retiring Premier had hoped that his final years in office would vindicate the policies he and his predecessors had followed for more than two decades. Those policies were based upon total dependence on U.S. leadership in foreign affairs and total devotion to the buildup of Japanese industry at home...
...Sato's ambitions were partly dashed last summer, when the Nixon Administration sprang its new economic moves and diplomatic overtures to China on an unprepared Japan. The rest of his hopes faded more gradually, as the Japanese grew increasingly unhappy with the overcrowding, high prices and pollution that they had to endure as the price of their country's economic success...
...Fukuda would have an edge on the first ballot. But their hopes were greatly bolstered last week when Yasuhiro Nakasone, head of the party's executive committee, pledged his faction's support to their man. For his part, Fukuda is receiving strong behind-the-scenes support from Sato, who despite his graceless exit from office retains considerable political clout and is devoting his last days in office to boosting the successor of his choice...