We are at the moment anxiously awaiting news of what seems likely to be the final meeting of the peace delegates at Portsmouth, New Hampshire. One day gloomy, the next that it is much more hopeful. Wo have had pretty full, and 1 believe on the whole fairly accurate, ports from day to day of the progress of the negotiations; but the probability is that even the delegates themselves would have found it difficult from day to day to form, an estimate' of their chances of arriving at 9 peaceful solution. It is, however, a hopeful sign that they have not broken. up before, and beyond this all that can be said is that Japan seems to have shown a really conciliatory disposition and that if peace is not made the fault will not rest with hor.
Text read from the printed page and cleaned; old type leaves the occasional error.