Thank you for visiting SNEWPapers!
Sign up free
Story
August 18, 1890
The Indianapolis Journal
Indianapolis, Marion County, Indiana
What is this article about?
Chinese minister in Washington warns US capitalists against loaning money to Corea via an unauthorized American representative, as China disapproves and Corea is poor and indebted to China. (Datelined Aug. 17.)
Clipping
OCR Quality
98%
Excellent
Full Text
MINOR MATTERS
Chinese Minister Warns American Capitalists Against Loaning Money to Corea.
Washington, Aug. 17.--The Chinese minister in this city has received information that some American, who claims to represent the Corean government, is seeking to negotiate a loan in its behalf with capitalists in the United States. The minister deems it his duty to make public the fact that the negotiation of such a loan at this time is not approved by the Chinese government, to which that of Corea, he says, is tributary. Corea, he says, is a poor country with small resources, and not in a condition to pledge any of its revenues as security for a foreign loan. It is already indebted to the Chinese government in a considerable amount, advanced to its king a number of years ago. The minister says the Chinese government would not allow the customs or other revenue of Corea to be appropriated to a foreign loan so long as its own indebtedness is unliquidated.
Chinese Minister Warns American Capitalists Against Loaning Money to Corea.
Washington, Aug. 17.--The Chinese minister in this city has received information that some American, who claims to represent the Corean government, is seeking to negotiate a loan in its behalf with capitalists in the United States. The minister deems it his duty to make public the fact that the negotiation of such a loan at this time is not approved by the Chinese government, to which that of Corea, he says, is tributary. Corea, he says, is a poor country with small resources, and not in a condition to pledge any of its revenues as security for a foreign loan. It is already indebted to the Chinese government in a considerable amount, advanced to its king a number of years ago. The minister says the Chinese government would not allow the customs or other revenue of Corea to be appropriated to a foreign loan so long as its own indebtedness is unliquidated.
What sub-type of article is it?
Historical Event
What themes does it cover?
Deception
Misfortune
What keywords are associated?
Chinese Minister
Corea Loan
American Capitalists
Tributary Status
Diplomatic Warning
What entities or persons were involved?
Chinese Minister
American Representative
Corean Government
Corean King
Where did it happen?
Washington
Story Details
Key Persons
Chinese Minister
American Representative
Corean Government
Corean King
Location
Washington
Event Date
Aug. 17
Story Details
The Chinese minister warns American capitalists that an individual claiming to represent the Corean government is seeking a loan, but this is not approved by the Chinese government, to which Corea is tributary; Corea is poor, indebted to China, and unable to secure foreign loans.