Overshadowing every other event in the Far East this week was the abrupt appointment of Japan's arch-Fascist and patrioteer Yosuke Matsuoka as President of Japan's most potent engine of economic expansion into China, the South Manchuria Railway. This appointment ousted S. M. R.'s comparatively mild and cautious president, Count Hirotaro Hayashi, who balked schemes of Japanese jingoes to establish a Development Company for North China in which S. M. R. would hold a controlling interest. Such a company was to exploit North China, as the British East India Company exploited India a century ago....
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