Minister of home affairs, Takashi HARA (Morioka Domain, Outside the Morioka Castle, from present Hongu, Morioka City, Iwate Prefecture) managed to persuade Toranosuke FURUKAWA (17 years old) who was vice-president of Furukawa Mining and the second-generation owner of Furukawa zaibatsu, to provide the fund to establish the two imperial universities and the establishment of the universities was approved in the cabinet 17 days after the reduction of the budget.
このとき、古河鉱業副社長であった原敬内務大臣(日本)（盛岡藩盛岡城外・本宮村、現岩手県盛岡市本宮出身）が、古河財閥の二代目オーナーの古河虎之助（当時17歳）を説得し、両帝国大学設立のための資金を献納させることを取り付け、予算削減から17日目に両帝国大学の設置が閣議決定された。