EXPLOITING CHINA.
THE KEY OF THE POSITION
HELD BY GERMANY.
BRIfAINS' FUNDAMENTAL MISTAKE.
Unite J Press Association -By Electric Telegrapn Copyright. Received September 7, 8.15 a.m. LONDON, September 6.
The special correspondent of "The Times" in the Far East states that Germany, by means of railway agree- | ments, now holds the key of the whole position in the heart of the Yang-tse Valley. Despite the self-denying ordinance of 1898. she successfully manoeuvred Britain into surrendering her position without showing any disposition to surrender the exclusive rights claimed in Shantung and the Hoang-ho Valley. British financiers have been induced to cast in their lot with the German financiers. "The Times," in commenting on its correspondent's statments, says that Britain's fundamental mistake has been in assuming that the handling of questions involving national rights could be safely committed to the discretion of financiers. America's success has been due to avoiding this. The interests of Britain and America were not antagonistic. Still, the time had come when they should co-operate with a view to placing a restraint on Chinese borrowing propensities.
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Wairarapa Age, Volume XXXII, Issue 9589, 8 September 1909, Page 5
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178EXPLOITING CHINA. Wairarapa Age, Volume XXXII, Issue 9589, 8 September 1909, Page 5
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