oth May. Tue extension of the Settlement} north of the Yangkingpang is settled at last. The Chairman of the Municipal Council, Mr. J. S. Fearon, and the British and U.S. Consuls-General, aided by their German colleague, have worked hard and continuously achieve this long-sought end, to bring to a practical conclusion the long-conceded principle, and they have succeeded at last. Except that we take nothing of the hinterland of the French Settlement, the old Great Western Road being the southern limit, the boundaries of the extension on this side of the Soochow Creek follow the line given by us in the Daily News of the 28rd of February last, while the boundary of West Hongkew is extended up to but not within the Paoshan frontier, and East Hongkew is extended beyond the Point down to the Plague Station, taking in the Flour Mill. The! articles to the monthly reviews over the signature "Diplomaticus;" so that the reader who takes the Duily Graphic and "Diplomaticus" together will get a pretty clear idea of Lord Salisbury's " policy.
His Lordship's new policy was actually formulated for us in a recent article. It is:—
"1. Reconstruction of the integrity of China within narrower limits.
ences and exclusive privileges to "2 Discoumn geiietit of all prefer-foreign Powers within hose limits.
"3. Promotion of British commercial interests by the cultivation of closer relations with the mercantile community, and by a more vigorous and systematic support of its enterprises and just claims.
"4, Encouragement of international ce-operation in financing and working concessions.
"5, A friendly understanding with Russia."
It is interesting to note that what details we have show that this policy is embodied in the new Anglo-Russian Agreement. We learnt from Reuter's telegram of the 29th ultimo that "Russia binds herself not to
Text read from the printed page and cleaned; old type leaves the occasional error.