Negotiated An Agreement With Japan Concerning The Future Of Korea
This treaty has successfully established new economic relations between Japan and South Korea. Japan has agreed to provide $800 million in grants and loans to Korea, while the South Korean government has waived its rights to demand formal reparations from Japan for colonial and war misuse against Japan. The Japanese were at war with Russia and had just destroyed two-thirds of the Russian naval fleet in their war against Korea in 1905. Japan`s victory was clearly imminent.  Roosevelt tried to get Russia and Japan to negotiate peace.  The United States had taken control of the Philippines from its war with Spain in 1898. Minister of War Taft stopped in Japan on his way to the Philippines.  When Dennett first discovered the notes, he assumed that they indicated a very important “secret pact” between the United States and Japan to establish a basic agreement that made the two former nations isolationist from world powers.  Discussions examined the scope of Japan`s and the United States` spheres of influence and the maintenance of peace between them in the event of Japan`s victory over Russia in the Russo-Japanese War.
But the treaty also allowed Japan to escape a settlement with its past atrocities. Neither government took the prospects of the victims into account in the negotiations, so the agreement null and voided the right of some citizens to seek redress from the Japanese government. Instead, Park`s government accepted a lump sum from Japan, which could be used to pay victims of Japanese war crimes, and the Japanese government felt that the issue of compensation for its former victims was settled. But it`s not just about money and waiting for back. Opportunistic ROK leaders have found Japan as a convenient target for attacks when their own popularity suffers. Keeping history alive can be a useful political weapon in a country where almost every president`s term ended with one-digit approval rates. It is possible that Japan and South Korea will reach an agreement before the nascent trade war breaks out in regional and global economies, but even if the current dispute is resolved, if Japan does not make greater and broader efforts to achieve reconciliation with its neighbours, Asia will still face another vulnerable economic or military crisis. If a difficult story is not expected, it will limit prosperity in the future and the rest of the world could suffer the consequences. South Korea finally normalized relations with Japan in 1965, with the support of the Johnson administration. Park Chung-hee, then President of the Republic of Korea, was concerned about double-digit economic growth rates and was more willing to compromise with Japan than his predecessors.
Although the treaty was very unpopular, Park controlled an autocratic government with a powerful security apparatus and was able to strike it through the assembly. Although there was never a signed agreement or secret contract, only a memorandum of a conversation, and the conversations were kept secret for 20 years, President Theodore Roosevelt commented to his Minister of War Taft: “Your conversation with Count Katsura (sic) is absolutely correct in all respects. I want you to tell Katsura that I confirm every word you said.    Yet there are controversies among historians about the historical significance of the conversation and whether the language of conversation was a real agreement in realpolitik (i.e., a real agreement was implied by the use of the language of diplomacy, but not as a formal agreement).  The recordings of the conversation were discovered in 1924 by historian Tyler Dennett.  Dennett considered the notes to be of primary importance and sought permission to publish them by Foreign Affairs Minister Charles Evans Hughes.