DEVELOPING CHINA.
GERMANY GETS AHEAD OF BRITAIN BRITAIN'S FUNDAMENTAL MISTAKE. By Caifcr-Pres* Assoeiation.-Copynght London, September 6. The special correspondent of the Times in the Ear East states that Germany, by means of railway agreements, «ow holds the key of the whole position in the whole of the Yang-tse-Kiang Valley. 3 . , Despite the * self-denying ordinance ot 1898, she successfully manoeuvred Britain into surrendering lier position wittiout showing any disposition to surrender the exclusive rights claimed in Shantung and tie Hoang-ho Valley. British financiers have been induced to cast in their lot with German financiers. The Times, commenting on the question, states that Britain's fundamental mistake has lain in assuming that the handling of questions involving national rights could "be .safely committed to the discretion 6f financiers. America's success lias been due to avoiding this. The interests of Britain and America are not antagonistic; still this coigne should cooperate with a view to placing restraints on Ohiaese borrowing propensities. . = i-daa.'
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Taranaki Daily News, Volume LII, Issue 184, 8 September 1909, Page 3
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158DEVELOPING CHINA. Taranaki Daily News, Volume LII, Issue 184, 8 September 1909, Page 3
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