London, 30th Janwary.
The "Graphic" states that in the second article of the draft treaty submitted to Russia, Japan offered to wiesce in all the treaty rights claimed by Russia in Manchuria, including the lease of Port Arthur, railway contracts, et cetera.
Japan also offered to assent to Russia's military occupation of her railway, and to the administration by each side of the railway, incluc!i Russia of a strip thirty miles wide on
towns and harbours, Japan requiring the restoration of the rest of Manchuria to the effective sovereignty of China.—Eaelusive service,
Text read from the printed page and cleaned; old type leaves the occasional error.