Hereupon ensued much correspondence 45 to the security for payment of the Powers' little bill, M. Deleassé, after consultation with St. Petersburg, at first (May 13th} thought it would be ~ut allow an increase of the Maritime Customs dues to an effective 5 per cent basis, and to obtain the balance, if, any, fromthe native Customs and the gabelle. On the Gth of June, however, after receiving several telegrams from' M. Bew, M. Delcassé agreed that the indemnities shoul be secured, first by the gabelle and secondly by the import dues, in ease the former source of revenue should prove inadequate. On the 10th, the Marquis de Montebelio, French Ambassador at St. Petersbury, preferable to take the Customs dues us security rather than have recourse to internal taxes; but Count Lamsdoiff added that if a majority of the Powers thought it indispensable to include the salt-tax, his Government would fall in with that view. In any case it was desirable to avoid an international control. On the 12th of June, M. Beau telegraphed that the diplomatic corps had agreed that the payments should be secured firstly by the native Customs, secondly by the available balance of the Maritime Customs receipts, and thirdly by the salt-tax, The final document in the Yellow Book is a dispatch, dated the 18th of June, from M. Deleassé to M. Beau, accep ment. and expressing satisfaction that all the Powers having interes's in China had given such a proof of their good understanding, Mr, Rockhill had previously proposed that China should be allowed tw increase her Customs tariff to ten per cent, on condition that she shuld undertake to revise tariff so ay to convert "ud valorem" into specific duties, to abl all likin and other internal taxes on ported goods, to revise the likin taxes the principal articles of export, and participate in the improvement of Chines: waterways. According to M. Beau (June 12th), Mir. Rockhill declared that hw could only consent tu the increase in the Customs tariff to 5 per cent., on condition thit the "ad valorem" duties were replaced by specific duties, that the channels of the Peilo and Huangpu rivers should be i proved, and that the rules of river navig: tion should be revised. the Mini proved of the first and second of ditions, but the third encountered ob.ections. "Three days lat Beau telegraphed that Mr. Rockhill had informed his colleagues that his Government lid given up the idea of requiring " revision of the rules of river uavigatiun, The representatives of the Powers were consequently in accord ay to the sources of revenue to be applied to the service of the loan,
Text read from the printed page and cleaned; old type leaves the occasional error.