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[[File:Guerra_ruso-japonesa,_entrada_del_alojamiento_del_general_Asaki,_delante_de_Sandepú.jpg|thumbnail|left|300px350px|Japanese riflemen in the Russo-Japanese War (1905)]]__NOTOC__The Treaty of Portsmouth formally ended the Russo-Japanese War of 1904–05. The negotiations took place in August in Portsmouth, New Hampshire, and were brokered in part by U.S. President Theodore Roosevelt.  The final agreement was signed in September of 1905, and it affirmed the Japanese presence in south Manchuria and Korea and ceded the southern half of the island of Sakhalin to Japan.
====Russia and Japan fought a bloody war over Manchuria====
====Japan asked Theodore Roosevelt to negotiate a peace agreement====
[[File:682px-President_Theodore_Roosevelt,_1904.jpg|thumbnalthumbnail|left|250px|President Theodore Roosevelt]]
The Japanese asked U.S. President Roosevelt to negotiate a peace agreement, and representatives of the two nations met in Portsmouth, New Hampshire in 1905. For the sake of maintaining the balance of power and equal economic opportunity in the region, Roosevelt preferred that the war end on terms that left both Russia and Japan a role to play in Northeast China. Though excited by the Japanese military victories, Roosevelt worried about the consequences to American interests if Japan managed to drive Russia out entirely.

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