China had given a foreigner $25 million worth of property and now she wanted it back. Would she get it? In August 1944, a group of grave-faced ministers of state pondered the question with Merchant-Adventurer Bill Hunt, head of William Hunt & Co., boldest American firm in the Far East.

More than seven years before, their Government had turned over its China Merchants Steam Navigation Co.'s property to six-foot, aoo-lb. Bill Hunt, thus put it out of Japanese reach. And now, please, they wanted it back; they offered a handsome price. Bill Hunt's sunburned fists hit the desk, gave the...

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