$10 27th Year Gold Loan Republic of China 1938 Uncancelled Bond with PASS-CO Authentication
Inv# FB6091 Bond
$10 United States Dollar Bond (considered Liberty Bonds). The Second Sino-Japanese War (1937–1945) constituted a military confrontation primarily fought between the Republic of China and the Empire of Japan. This conflict represented the Chinese theater within the broader Pacific Theater of the Second World War. The war is conventionally marked by the Marco Polo Bridge Incident on 7 July 1937, during which a disagreement between Japanese and Chinese forces in Peking escalated into a comprehensive invasion. This extensive conflict between China and the Empire of Japan is frequently viewed as the onset of World War II in Asia. In 2017, the Ministry of Education in the People's Republic of China mandated that the phrase "eight-year war" in all educational materials be substituted with "fourteen-year war," establishing a new starting date of 18 September 1931, corresponding to the Japanese invasion of Manchuria. Historian Rana Mitter notes that historians in China express dissatisfaction with this sweeping revision, and despite ongoing tensions, the Republic of China did not perceive itself as being in a state of continuous warfare with Japan during these six years. The Tanggu Truce of 1933 formally concluded the previous hostilities in Manchuria, while the He-Umezu Agreement of 1935 recognized Japanese demands to dismantle all anti-Japanese organizations within China.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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