The consortium was not to interfere in the domestic affairs of China.

If Japan joins whole-heartedly in the consortium, she may be the greatest gainer.

But the question is bound to arise: why continue the Consortium if it isnt doing anything?

But there is a larger phase of the Consortium concerning which I think apprehensions may reasonably be entertained.

The specific protests of Chinese in this countrymainly Cantoneseagainst the Consortium seem to me mainly based on misapprehension.

But to any European radical Mr. Lamont's statement that the consortium does not want control reads like a contradiction in terms.

There is a consortium as regards loans, which will have the power of the purse and will therefore be the real Government of China.

As the Americans are the only people who have much spare capital, they will control the consortium.

In Japan, opinion ranged from imperialistic chauvinism to liberal recognition of the consortium as a way out of the mess.

The fact that Japan has come into the Consortium for China without reservations should be made clear.