Word: controlled
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Dates: during 1930-1939
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There is another side to the picture. The Japanese policy will probably be one of indirect control of China, through puppet governments, in an effort to avoid the difficulty just mentioned. Success in such a policy will require inexhaustible forbearance and finesse, more than can be expected of the military mind; but temporary success in large areas of China is not improbable. Chinese nationalism has only just begun to wipe out the old opportunist individualism, and the Japanese will be able to trot out a horde of antiquated politicians of the "Chinese traitor" class, who for a full rice bowl...
This is a high price to pay, for it means that, in order to control Chinese territory permanently, Japan must develop it and speed industrialization. And yet if industrialization goes forward, will Chinese nationalism lag far behind? Remember that Manchuria had been Chinese for hardly more than a generation, whereas North China is the oldest inhabited part of the country...
Japan will be further strained in proportion as she is obliged to combat the nationalist government by conquering more and more territory. Will control of the coast be enough? Can she stop half-way in the conquest of China? The tendency will be sooner or later...
Wishful thinking should not blind us to Japan's capacities. She may be expected to succeed, up to a certain point. The great danger is that Japan will succeed only half-way,--destroy in large areas the control of the Chinese nationalist government and yet lack the means to maintain really stable puppet governments. In short, the Sino-Japanese problem has barely been created. The one certainty is that trouble will continue in China for many years to come
Professor Hoover, the author, points out that Soviet Russia is not communistic and that Nazi Germany is not capitalistic. He shows that wage differentials and interest on government bonds earmark the Soviet economy. The essentially anti-captitalists nature of Fascism is illustrated by complete government control of the investment of profits, payments of dividends, and poce of production...