Granted that the funding of the unsecured debt would put such a monopoly in the hands of the Consortium, it would be limited but international. This would be all right at first. but in the long run it would satisfy no one group's nationalistic asperations. Each group would yearn after control of the whole and tread tentatively on the toes of the others. These yearnings would soon be recognized mutually. There would in fact be mutual suspicion from the beginning. In time there would be a frank struggle for leadership, for the gigantic: privilege of the exploitation of China and some group would acquire, or begin to acquire such leadership. Then for the fireworks! It requires no great acumen to discover that each of the four groups is already suspected by all the others of so stupendous an ambition as the use of the Consortim organization, with the four Powers behind it, as a medium towards the acquisition of a limited one-Power monopoly in China.
These suspicious speculations, upon which the reader must put his own estimate, are certain to become stridently vocal in Chinese circles, in financial circles outside the Consortium pale and in legislative bodies throughout the Occident as soon as the Consortium bankers indicate that they have evolved a funding loan scheme more
Text read from the printed page and cleaned; old type leaves the occasional error.