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Treaty of Portsmouth
In the Russo-Japanese War, the Japanese lost significant manpower; if Russia could have held out longer, the republic could have won the war.
In the spring of 1905, the Japanese government asked President Roosevelt to act as a mediator between Russia and Japan. Roosevelt decided to do so, because a dominance of either of the two countries would have a negative impact on the open door policy. Although Japan agreed to continue the open door policy initiated in Manchuria, Russia refused to join the agreement.
Roosevelt brought delegates from Russia and Japan to a conference, held near Portsmouth, New Hampshire in August of 1905. Japan had asked for the Siberian island of Sakhalin and monetary restitution for the cost of the Russo-Japanese war ($600 million). Russia, sensing Japan was disparate, refused both demands.
Roosevelt asked Russia to give some concessions and demanded that Japan to back off on its indemnity demand. Both sides complied: Japan dropped the monetary demand, and settled for the south half of Sakhalin. Japan also gained a foothold in Korea, and got Liaotung Leasehold and South Manchurian Railroad from Russia, in Manchuria.
The losers in this deal were the Japanese people: they were given a tax burden by their government to help eliminate the shortfall left by the lack of indemnity from Russia.
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History Fact of the Month
Did you know ...
The Origin of Valentine's Day?
Valentines day dates back to Roman times, when a holiday called The Feast of Lubercus was celebrated to protect shepherds and their flocks from wolves. During this time of year, goddess Juno Februata was honored by pairing boys and girls and denoting them 'partners' for a year.
Pope Gelasius declared February 14 St. Valentine's Day around 497 AD, in an effort to replace pagan holidays with Christian tradition. Although the pairing ritual was banished, romance remains the distinctive attribute of this holiday.
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