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Updated: May 26, 2025
Osaka ironworks placed an order for 15,000 tons in 1915 and the arsenal at Osaka in the same year accepted a tender for Penhsihu iron." It will be seen from these facts that, as regards iron, the Chinese have allowed the Japanese to acquire a position of vantage from which they can only be ousted with great difficulty.
I presume it is to be sold back to China along with the railway. The seam of this mine extends from near Liaoyang to the neighbourhood of Penhsihu, and in size is pronounced equal to the Tayeh mine." It will be observed that this mine, also, was acquired by the Japanese as a result of the ultimatum enforcing the Twenty-one Demands.
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