Ambrosio Torres Shimizu (1909 – 1988) is well known on Guam for he and his family’s success in business. His Japanese father, Jose Katsuji Shimizu, moved to the Mariana Islands in the early 1900s and has been credited for making rice a staple food on Guam.
Ambrosio Torres Shimizu Read Post »
When the US established a military government in Guam in 1899 it became clear that the costs of administering Guam would be high. The US military government renewed the efforts started by the Spanish government to establish an agricultural economy on the island.
Early American Economic History Read Post »
Guam’s banking history began during what is known in the banking world as the Pacific’s Concessionary Era that ran from 1900 to 1945.
