The policy of this Government in these matters has been directed by a desire to make the use of American capital in the development of China an instrument in the promotion of China's welfare and material prosperity without prejudice to her legitimate rights as an independent political power.
Bill Taft: “The policy of this Government in these matters has been directed by a desire to make the use of American capital in the…”
Editor's note · Context
Taft outlines the U.S. government's intention to use American investment to support China's development while respecting its sovereignty.
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