$50 27th Year Gold Loan of the Republic of China - 1938 Bond - Very Rare Denomination

$50 United States Dollar Bond with 19 coupons attached (considered Liberty Bonds). Please click on "View Larger Image" to see English side of bond. PASS-CO authenticated. New article relating to this Chinese item: https://www.bloomberg.com/news/articles/2019-08-29/trump-s-new-trade-war-weapon-might-just-be-antique-china-debt

The Second Sino-Japanese War, which spanned from 1937 to 1945, was a significant military conflict primarily fought between the Republic of China and the Empire of Japan. It constituted the Chinese theater of the broader Pacific Theater of World War II. The war’s commencement is conventionally dated to the Marco Polo Bridge Incident on July 7, 1937, when a dispute between Japanese and Chinese troops in Beijing escalated into a full-scale invasion. This conflict between the Chinese and the Empire of Japan is often regarded as the beginning of World War II in Asia. In 2017, the Ministry of Education in the People’s Republic of China made a revision to textbooks, replacing the term “eight-year war” with “fourteen-year war.” The revised starting date was set to September 18, 1931, marking the Japanese invasion of Manchuria. However, historian Rana Mitter noted that historians in China were unhappy with this blanket revision. Despite sustained tensions, the Republic of China did not consider itself to be continuously at war with Japan over these six years. The Tanggu Truce of 1933 officially ended hostilities in Manchuria, while the He-Umezu Agreement of 1935 acknowledged Japan’s demands to end all anti-Japanese organizations in China.