$5 27th Year Gold Loan of the Republic of China - 1938 dated Uncanceled Chinese Bond
Inv# FB6092 Bond
$5 United States Dollar Bond.
The Second Sino-Japanese War, which lasted from 1937 to 1945, was a major military conflict primarily fought between the Republic of China and the Empire of Japan. This war was part of the larger Pacific Theater of World War II. The war’s commencement is often traced back to the Marco Polo Bridge Incident on July 7, 1937, when a dispute between Japanese and Chinese troops in Peking escalated into a full-scale invasion. This conflict between the Chinese and the Empire of Japan is frequently considered the beginning of World War II in Asia. In 2017, the Ministry of Education in the People’s Republic of China made a significant change in textbooks, replacing the term “eight-year war” with “fourteen-year war.” The revised starting date was set for September 18, 1931, which coincides with the Japanese invasion of Manchuria. However, historian Rana Mitter has expressed concerns among Chinese historians about this sweeping revision. Despite the ongoing tensions, the Republic of China did not perceive itself as continuously at war with Japan during these six years. The Tanggu Truce of 1933 officially concluded the earlier hostilities in Manchuria, while the He-Umezu Agreement of 1935 recognized Japan’s demands to eliminate all anti-Japanese organizations in 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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