Europe And Beyond
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cit. p. 243.
122 EUROPE AND BEYOND of victory. The European Powers declared that the cession of the Liaotung Peninsula would give to Japan a dangerous predominance in the affairs of China, would disturb the whole balance of power on the Pacific, and would inevit- ably prove a perpetual obstacle to the permanent peace of the Far East. The Liaotung Peninsula was consequently sullenly restored to China, but, foiled for the moment in her ambitious schemes, Japan immediately set to work to prepare f...or the greater struggle which European inter- vention had clearly revealed to be imminent.
Meanwhile Russia took full advantage of her new position as protectress of the integrity of China. China found herself unequal to the task of paying the war in- demnity imposed Upon her by Japan, and Russia therefore undertook to assist her by raising in Paris a 4 per cent, loan of 400,000,000 francs. As a price for this assistance, Russia was permitted to establish in China the Russo- Chinese Bank, with very extensive fiscal powers, including the receipt of taxes, the management of local finances, and, under concessions by the Chinese authorities, the construction of an extended system of railway and tele- graph lines.
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You can find similar books in the "Read Also" column, or choose other free books by Marriott, J. A. R. (John Arthur Ransome), Sir, 1859-1945 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
cit. p. 243.
122 EUROPE AND BEYOND of victory. The European Powers declared that the cession of the Liaotung Peninsula would give to Japan a dangerous predominance in the affairs of China, would disturb the whole balance of power on the Pacific, and would inevit- ably prove a perpetual obstacle to the permanent peace of the Far East. The Liaotung Peninsula was consequently sullenly restored to China, but, foiled for the moment in her ambitious schemes, Japan immediately set to work to prepare f...or the greater struggle which European inter- vention had clearly revealed to be imminent.
Meanwhile Russia took full advantage of her new position as protectress of the integrity of China. China found herself unequal to the task of paying the war in- demnity imposed Upon her by Japan, and Russia therefore undertook to assist her by raising in Paris a 4 per cent, loan of 400,000,000 francs. As a price for this assistance, Russia was permitted to establish in China the Russo- Chinese Bank, with very extensive fiscal powers, including the receipt of taxes, the management of local finances, and, under concessions by the Chinese authorities, the construction of an extended system of railway and tele- graph lines.
What to read after Europe And Beyond?
You can find similar books in the "Read Also" column, or choose other free books by Marriott, J. A. R. (John Arthur Ransome), Sir, 1859-1945 to read onlineMoreLess
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