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The process of liquidating the Japan Branch of the Bank of Chosun and Korean-Japanese relation

  • The Review of Korean History
  • 2009, (95), pp.135-176
  • Publisher : The Historical Society Of Korea
  • Research Area : Humanities > History

Jung, Byung Wook 1

1고려대학교

Accredited

ABSTRACT

The process of liquidating the Japan Branch of the Bank of Chosun tells us three things. First, America's liquidating policy toward the Bank of Chosun is the territorial principle ; What is in Japanese territory belongs to Japanese government and What is in Korean territory belongs to Korean government. This principle and the conversion of the Japanese occupation policy was the cause of the dispute between Japan and South Korea. Second, the Japanese government charged the liquidator of the Bank a huge tax payment for special bank. Instead of paying the tax, the liquidator cast his diplomatic burden on the Japanese government and could establish the new company. The Japanese government and the liquidator met again as a country and its people. However, the Japanese government said the Bank of Chosun as general bank in Korea-Japan Negotiation Talks which was denied on the home. Third, the Korean government argued that the Bank of Chosun was Korea's corporations in Korea-Japan Negotiation Talks. This claim reflected the historical particularity as liberation from the colonial and revealed the uniqueness of Chosun banks in colonial compared to Japan's claim.

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This paper was written with support from the National Research Foundation of Korea.
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