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Harper's Encyclopedia of United States History (ed. Benson Lossing) 1 1 Browse Search
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Harper's Encyclopedia of United States History (ed. Benson Lossing), China and the powers. (search)
China and the powers. A clear exposition of the Chinese situation in 1900 is given in the following article written by Lord Charles Beresford: None of the powers has greater interests at stake in China, whether existent or prospective, than Great Britain and the United States. As will be seen by my Report on the China mission, the latest figures I was able to obtain during my visit to China in 1898 showed that these two powers had over 72 per cent. of the whole of the foreign trade with China in their hands; all the other powers combined having only 28 per cent. between them, of which Japan possesses the larger share. It is perfectly true that, upon examining these figures, there seems to be a great disproportion between 64 per cent. of trade possessed by Great Britain, and the 8 per cent. possessed by the United States. It must be remembered, however, that it was Great Britain who opened up, made possible, and developed the foreign trade of the Chinese Empire. For many