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Provision has, in truth, been made to enable Germany to treat Kiao Chou as a negotiable bill of exchange. There is really nothing unforeseen in the recent evolution of affairs in the Far East. On the contrary, it has been clearly indicated by various writers in the past fifty years.
The alley Ping-Khang, situated in the street Kiao, was the place where dwelt the great courtesans of the dynasty of Thang! Did she not sing the songs of Kao-pien?
The yellow man humbled Russia in the Russo-Japanese War and he smashed the Germans at Kiao Chow in the Great War. The fact that he was permitted to fight shoulder to shoulder with the white man has only added to his cockiness as we have discovered in California. Remember too that the Germans stirred up all Islam in their mad attempt to conquer the world.
That is to say, American citizens, British subjects, or the subjects of any other power which has a treaty with China containing "the most favored nation" clause, must be allowed to enjoy precisely the same rights in Talienwan, Kiao Chou and Kwangchowfoo as they would have enjoyed had not those places been surrendered to Russia, Germany and France respectively.
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