Word: baht
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Dates: during 1941-1941
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...attacking Siberia, and wished to avoid the war with Britain and the U.S. that would follow an attack on Singapore or the Indies, her most likely next move would seem to be on Thailand. Under pressure, the Government of Premier Luang Pitul Songgram granted Japan a 10,000,000-baht ($3,600,000) loan, recognized Manchukuo as a token of friendship. (It was carefully explained that the recognition of Manchukuo had been chosen as a lesser evil than recognizing Puppet Wang Ching-wei at Nanking.) Japan continued pressing demands-demands which, if accepted, could end only in the capitulation...