Yilma Deressa
Encyclopedia
Yilma Deressa was an Ethiopia
Ethiopia
Ethiopia , officially known as the Federal Democratic Republic of Ethiopia, is a country located in the Horn of Africa. It is the second-most populous nation in Africa, with over 82 million inhabitants, and the tenth-largest by area, occupying 1,100,000 km2...

n politician. He served as Finance Minister
Ministry of Finance and Economic Development
The Ministry of Finance and Economic Development is the Ethiopian government ministry which is responsible for general financial policy and for general management of the economy of Ethiopia, in addition to the allocation of economic aid...

 (1957–1970) and Minister of Foreign Affairs
Ministry of Foreign Affairs (Ethiopia)
The Ministry of Foreign Affairs is the Ethiopian government ministry which oversees the foreign relations of Ethiopia....

 (1958), Ambassador to the United States, and member of the Ethiopian Senate. John Spencer includes him in his list of five public figures who occupied the most important posts for the two decades following the Second World War.

He was a member of the Welega
Welega Oromo
Welega is a branch of the Oromo people who live in Ethiopia in the former Welega Province; a few live across the border in Sudan. They speak West Central Oromo, a dialect of the Oromo language....

 aristocracy of southwestern Ethiopia. Yilma's father, Blatta Deressa Amante, whom Bahru Zewde describes was "perhaps the most prolific contributor to the weekly forum of the educated elite, Berhanena Selam" in the 1920s, was a cousin of Dejazmach Gebre Egziabher (birth name Kumsa Moroda), son of the king of Leqa Naqamte, Moti Moroda Bekere. Blatta Deressa was also a successful businessman, and served as a director in the Ministry of Agriculture in the 1930s, and after returning from exile in Sudan in 1941, Blatta Deressa acquired a reputation as an Oromo
Oromo people
The Oromo are an ethnic group found in Ethiopia, northern Kenya, .and parts of Somalia. With 30 million members, they constitute the single largest ethnic group in Ethiopia and approximately 34.49% of the population according to the 2007 census...

 oral historian.

Life

Yilma was educated at the London School of Economics
London School of Economics
The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...

, becoming a member of the Ethiopian pre-war intelligentsia; according to Spencer he was both fluent and eloquent in English, speaking it at home with his wife Elizabeth, and along with Dejazmach Zewde Gebre Selassie was the only member of his generation "who attempted to keep up with current literature" in his field. Following the defeat of the Ethiopian armies in the Second Italo-Abyssinian War
Second Italo-Abyssinian War
The Second Italo–Abyssinian War was a colonial war that started in October 1935 and ended in May 1936. The war was fought between the armed forces of the Kingdom of Italy and the armed forces of the Ethiopian Empire...

, he became a member of the Black Lions
Black Lions (organization)
The Black Lions were an anti-fascist resistance movement during the Italian occupation of Ethiopia. As Bahru Zewde notes, in spite of its "marginal impact on the Resistance" the Black Lions were "eloquent attempts to give the struggle coherent ideological and political direction."-History:The...

, but surrendered with Ras Imru Haile Selassie
Imru Haile Selassie
Leul Ras Imru Haile Selassie was an Ethiopian noble, soldier, and diplomat. He was also the cousin of Emperor Haile Selassie.-Biography:...

 near the Gojeb River
Gojeb River
The Gojeb River is eastward-flowing tributary of the Omo River in Ethiopia. It rises in the mountains of Guma, flowing in almost a direct line its confluence with the Omo at....

 19 December 1936. Because he was interned on Ponza
Ponza
Ponza is the largest of the Italian Pontine Islands archipelago, located 33 km south of Cape Circeo in the Tyrrhenian Sea. It also the name of the commune of the island, a part of the province of Latina in the Lazio region....

 with Ras Imru, he avoided the murderous retribution
Yekatit 12
Yekatit 12 is a date in the Ethiopian calendar, equivalent to 19 February in the Gregorian calendar, which is commonly used to refer to the indiscriminate massacre and imprisonment of Ethiopians by elements of the Italian occupation forces following an attempted assassination of Viceroy Rodolfo...

 following the attempted assassination of Rodolfo Graziani
Rodolfo Graziani
Rodolfo Graziani, 1st Marquis of Neghelli , was an officer in the Italian Regio Esercito who led military expeditions in Africa before and during World War II.-Rise to prominence:...

 19 February 1937.

After the restoration of Emperor Haile Selassie, Yilma was appointed vice minister of Finance with, according to Margary Perham, "no minister being appointed over him." Perham notes that his new role involved significant challenges: "It may well be imagined that it was hard work to build a new system of public finance upon the old medieval foundations, which were still cluttered up with the wreckage of the Italian structure
Italian East Africa
Italian East Africa was an Italian colonial administrative subdivision established in 1936, resulting from the merger of the Ethiopian Empire with the old colonies of Italian Somaliland and Italian Eritrea. In August 1940, British Somaliland was conquered and annexed to Italian East Africa...

." Nevertheless Perham notes, "A staff was collected; something like a school of accountancy was set up and the British advisers compiled and expounded a set of financial regulations. Moreover, as the British advisers could not speak Amharic and most of the Ethiopians could not talk English, the proceedings were made more difficult by the need of interpreters, especially as few of the required standard were available."

Yilma played an important role in Ethiopia-United States relations by recruiting George A. Blowers to help Ethiopia obtain a loan of 1.5 million ounces of silver from the United States in 1943. This metal was used to mint a new coin to replace the Maria Theresa Thaler
Maria Theresa thaler
The Maria Theresa thaler is a silver bullion-coin that has been used in world trade continuously. Maria Theresa Thalers were first minted in 1741, using the then Reichsthaler standard of 9 thalers to the Vienna mark. In 1750 the thaler was debased to 10 thalers to the Vienna Mark...

 and East African Shilling
East African shilling
The shilling was the currency issued for use in British controlled areas in East Africa from 1921 until 1969. It was produced by the East African Currency Board...

, which would decrease its dependence on the British and give Ethiopia some relief from the effects of the oppressive Anglo-Ethiopian Agreement
Anglo-Ethiopian Agreement
The Anglo-Ethiopian Agreement was a joint effort between Ethiopia and the United Kingdom at reestablishing Ethiopian independent statehood following the ousting of Italian troops by combined British and Ethiopian forces in 1941 during World War II....

.
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