CHINA-JAPAN: Silver, Slaverings & Solutions

Silver, Slaverings & Solutions

Japan was slavering at China's gates last week, threatening to swallow both Peiping (once Peking) and the great North China port of Tientsin. Meanwhile Charles James Fox, president of Tientsin's American Chamber of Commerce, was saying: "In my opinion, the Roosevelt Government's silver policy is harming American interests in China more than are the Japanese."

In Shanghai that sturdy pillar of the U. S. business colony, Frank Jay Raven, master of the "Raven Interests" (banking, real estate, insurance) which had assets of $70,000,000 as recently as last December,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!