was a bureaucrat, politician and entrepreneur in late Meiji

Meiji period

The , also known as the Meiji era, is a Japanese era which extended from September 1868 through July 1912. This period represents the first half of the Empire of Japan.- Meiji Restoration and the emperor :...

 and early Taishō period

Taisho period

The , or Taishō era, is a period in the history of Japan dating from July 30, 1912 to December 25, 1926, coinciding with the reign of the Taishō Emperor. The health of the new emperor was weak, which prompted the shift in political power from the old oligarchic group of elder statesmen to the Diet...

 Empire of Japan

Empire of Japan

The Empire of Japan is the name of the state of Japan that existed from the Meiji Restoration on 3 January 1868 to the enactment of the post-World War II Constitution of...

. He is noted for his involvement in the development of the South Manchurian Railway.

Biography

Hayakawa was born in what is now Ishikawa Prefecture

Ishikawa Prefecture

is a prefecture of Japan located in the Chūbu region on Honshū island. The capital is Kanazawa.- History :Ishikawa was formed from the merger of Kaga Province and the smaller Noto Province.- Geography :Ishikawa is on the Sea of Japan coast...

. He graduated from the Law School of Tokyo Imperial University in 1887. In January 1890, he was hired by the Ministry of Finance, and became a director of the Bank of Japan

Bank of Japan

is the central bank of Japan. The Bank is often called for short. It has its headquarters in Chuo, Tokyo.-History:Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration...

 in 1899.

After leaving public service, Hayakawa became director of the Mitsui Bank

Sumitomo Mitsui Banking Corporation

is a Japanese bank based in Yurakucho, Chiyoda, Tokyo, Japan. It is a member of the Sumitomo Group and Mitsui Group. As of the year 2009, SMBC was the second largest bank in Japan in terms of assets.-History:...

 in 1901, and chairman of the board in 1909. With the creation of the Mitsui Gomei

Mitsui

is one of the largest corporate conglomerates in Japan and one of the largest publicly traded companies in the world.-History:Founded by Mitsui Takatoshi , who was the fourth son of a shopkeeper in Matsusaka, in what is now today's Mie prefecture...

 zaibatsu

Zaibatsu

is a Japanese term referring to industrial and financial business conglomerates in the Empire of Japan, whose influence and size allowed for control over significant parts of the Japanese economy from the Meiji period until the end of World War II.-Terminology:...

through the merger of Mitsui Bank with Mitsui Trading

Mitsui & Co.

Mitsui & Co., also known as Mitsui Bussan, is one of the largest sogo shosha in Japan, and also part of the Mitsui Group. Its business area covers energy, machinery, chemicals, food, textile, logistics, finance, and more.- History :...

, he became vice director in 1918. He left Mitsui the following year to become director of the Bank of Chosen. From 1920-1922 he was an appointed member of the House of Peers. In May 1921, he also became President of the South Manchurian Railway Company, and died in office in October 1922.

Hayakawa was a close friend of Inazō Nitobe

Inazo Nitobe

was a Japanese agricultural economist, author, educator, diplomat, politician, and Christian during Meiji and Taishō period Japan.-Early Life:Nitobe was born in Morioka, Mutsu Province . His father was a retainer to the local daimyō of the Nambu clan. His infant name was Inanosuke...

 and Tsuda Umeko

Tsuda Umeko

was an Japanese educator, feminist and pioneer in education for women in Meiji period Japan. Originally named , with mume or ume referring to the Japanese plum, she went by the name Ume Tsuda while studying in the United States before changing her name to Umeko in 1902.- Early life :Tsuda Umeko...

, and assisted their efforts in promoting the education of women in Japan through the establishment of a non-profit charity foundation.