BUG #1060: psql encoding bug : sjis

The following bug has been logged online:

Bug reference:      1060
Logged by:          Hitoshi Gosen

Email address:      mic-gosen@ns.inter-mic.co.jp

PostgreSQL version: 7.4

Operating system:   linux 2.4.9

Description:        psql encoding bug : sjis

Details: 

version 7.4.1

installation steps:

./configure
 gmake
 su
 gmake install
 adduser postgres
 mkdir /usr/local/pgsql/data
 chown postgres /usr/local/pgsql/data
 su - postgres
 /usr/local/pgsql/bin/initdb -D /usr/local/pgsql/data
 /usr/local/pgsql/bin/postmaster - D usr/local/pgsql/data >logfile 2>&1 &
 /usr/local/pgsql/bin/createdb test1
----------------------------------------
client:
 /usr/local/pgsql/bin/psql test1
 \encoding sjis
 create table テスト情報(テスト character(4));
 \d
-----------------------------------------

the last command \d shows me a different name for the table. 
I cannot access the table.