CHINESE RAILWAYS
LONDON, September 6. The special correspondent of The Times in the Far Eart states that Germany, by means of railway agreements, now holds the key of the whole position in the heart of the Yang-tee Valley. Despite the selfdenying ordinance of 1898, she had successfully manoeuvred Great Britain into surrendering her position, without showing any disposition to surrender the exclusive right* she claimed in the Shantung and Hoang-ho Valley. British financiers had been induced to cast in their lot with German financiers. The Times, commenting on the message, states that Great Britain's fundamental mistake has lain in assuming that in handling questions involving national rights these could be safely committed to the discretion of the financiers. America's success has been due to avoiding this. The interests of Great Britain and America are not antagonistic, and the present position will probably cause them to cooperate with a view to placing restrainte on Chinese borrowing progeasitiw.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/OW19090915.2.123
Bibliographic details
Ngā taipitopito pukapuka
Otago Witness, Issue 2896, 15 September 1909, Page 25
Word count
Tapeke kupu
156CHINESE RAILWAYS Otago Witness, Issue 2896, 15 September 1909, Page 25
Using this item
Te whakamahi i tēnei tūemi
Allied Press Ltd is the copyright owner for the Otago Witness. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in