Why The Chinese Oppose Foreign Railway Loans

Publisher: Cambridge University Press

E-ISSN: 1537-5943|4|3|365-373

ISSN: 0003-0554

Source: American Political Science Review, Vol.4, Iss.3, 1910-08, pp. : 365-373

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Abstract

When the report of Chinese opposition against foreign loans reaches the western world, a certain class of people at once call such opposition the outcome of the historical anti-foreign feeling, oriental exclusiveness, self-conceit, and Boxerism. They assume that the Chinese have no grievance at all, and that these orientals “kick” simply because they are self-conceited heathens who do not know what is good for them. The more representative class, however, do not unreservedly subscribe to this opinion. They interpret the opposition as a manifestation of “Chinese nationalization.” Thus the New York Tribune in an editorial calls the recent opposition to the Hankow-Szechuan loan as “a strikingly characteristic manifestation of the rampant spirit of ‘China for the Chinese’ which prevails in large parts of the country.”