I have an intense personal interest in making the use of American capital in the development of China an instrument for the promotion of the welfare of China, and an increase in her material prosperity without entanglements or creating embarrassment affecting the growth of her independent political power, and the preservation of her territorial integrity.
William Howard Taft (1857–1930), U.S. president. Telegram to Prince Chun, the Prince Regent of the Chinese Empire, July 15, 1909. Paolo E. Coletta, The Presidency of William Howard Taft, pp. 194-195, University of Kansas Press (1973).
Taft was seeking American admission into an international consortium lending funds to China for railroad construction.