The Archive · 1903

Peking, Uth February

Viceroy Yuan Shih-kai has promulgated the Mint Law and the establishment of the Mint. is now nearly completed.

Sir Robert Hart has had a meeting with Prince Chun relative (0 the Dalny Ousts question The negotiations with are now at a standstill, The King (Rwa-LaShin)

i current month for ion at Osaks Moukden telegraphs that the Russian troops in Shingkiz and Kirin are tw withdraw by the is: of March. The second effected by the Sth Seoul, 11th February canthal bank law and " convertible silver A proposal is now on font to compile a

note law Li Yang-ik is at the head of the movement, assisted by Court Adviser Mr. Kato. who has rec-ived an Imperia order to assist Li in thie metter. The drafts shortly be submitted to the Government Council.

"The proposed capital of the Central Bank is Yen 3,0 0.000, divided into 6 °.000. shares of 50 yen each. "The s'rares will be all-t'ed among the Corean citizen The Bank to operate under a similar charter to thet "f th" Niepon Ginko, acting as fiscal for the National Treasury, receiving duties avd all other taxes, issuing no! gran ing loans, ete. The Bank will he under the sup-rvision of the Minister of the asury. It is doubtful, however. if the capital can be raised within the Kingdom. and in fact a loan will have to be raised.

The proposal of Li Yang-ik is much discussed by the. Japsn-zo residents here dit is generally considered tobe detrimental to. trade and to Japanese interests,—"* Mainichi,"

The following telegram is from Peking, 7th February.

The Foreizn Representatives proceeded to the Imperial Palace yesterday to offer their congratulations for the New Year. The Empress Dowager occupied an upper seat to the Emperor as usual, and received the congratulations, conversing with the Foreign Ministers. ' The Emperor looked considerably worse than in the previous year. The, treatment of the Corean Minister, over which some discussion existed in the Court, has been favourably decided. No discrimination was shown in the treatment accorded him, he having been received in audience in accordance with the order of his appointment. It was thus shown that China regard Corea as possessing equal rights with the other Powers.

Text read from the printed page and cleaned; old type leaves the occasional error.

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