The Twenty One Demands Japan Versus China

Cover The Twenty One Demands Japan Versus China
The Twenty One Demands Japan Versus China
Ge Zay Wood
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This is a brief history of the Company, showing how the Japanese have gradu- ally won their way to a position in which they have some voice in the management. It is said that the Japanese have largely to thank Sheng Kung-pao for the hold they have gained over the concern. The shareholders, or a large section of them, have long been desirous of releasing the Company from its finan- cial shackles, or at all events those riveted by Japan, and it was hoped that a sum sufficient to pay off the indeb...tedness to the Japanese could be borrowed from America or Great Britain. Influence was brought to bear, however, and this project was defeated. There was also some talk of nationalising the Company, but this also fell through.
"The preamble of the Hanyehping demands recites that the proposed arrangement is for the 'common interests' of China and Japan. It is difficult to con- ceive what arguments could be advanced to show that China's interests would be served by admitting Japan as a partner in an enterprise of such paramount im- portance.


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