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Actually, Japan came fairly close to losing the war against Russia; Japan was running out of money, and was nearly bankrupted by the war. Russia, on the other hand was "just warming up", having just completed the Trans-Siberian Railroad, and was able to transport Russian troops across the continent into the war zone.

The only thing that saved Japan from defeat, was Japan's numerous victories on land; and their destroying of Russia's two out of three battleship fleets; only the Black Sea Fleet survived the war (never being deployed into battle). Those victories, coupled with the start of a Russian Revolution (in 1905), the beginning of the Bolsheviks and Lenin, partly financed by covert Japanese intelligence officers operating in Russia...weakened the Tsar's government to the point where the Russo-Japanese War was no longer supported by the Russian people and combating internal strife became more important than fighting Japan.

Those above reasons convinced the Russians & Japanese to comply with the peace negotiations that were over-seen by US President Teddy Roosevelt; of which President Roosevelt received the Nobel Prize.

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13y ago

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