Usual Deadlock at Washington Washington, Jan. 17.
Virtually no progress was made at to-day's conference between the Chinese and Japanese which dealt Agreement Between Delegates at Washington: Japanese to be Allowed to Invest in Chinese Company Washington, Jan. 19.
The Chinese and Japanese delegates have reached an agreement. whereby the iron and coal mines in the Kiaochou Leasehold will be operated by a company formed under a special charter by the Chinese Government.
The Japanese will be permitted to invest capital in the enterprise to an amount not exceeding the Chinese capital.
Text read from the printed page and cleaned; old type leaves the occasional error.