Episode 1 of 3
Transfer of Construction Concession
- When
- 1898-12-31
- Where
- Concession jurisdiction
American engineer James R. Morse sold his railway concession to a Japanese company led by Shibusawa Eiichi after failing to secure funding.
Construction began in 1897 under American management for the Chemulpo line. Morse was unable to secure necessary funding, so he sold the concession to a Japanese company headed by Shibusawa Eiichi. The sale went into effect on December 31, 1898.
Sources
- Rail transport in South Korea Wikipedia, revision of 2026-10-08
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.