Most of the Tokio papers maintain that the Japinese terms are sy moderate that no discount can be allowed from them without " fresh appeal to arms. M. do Witto's fundamental terms'xeem to have been formulated prior to hin departure from St. Perersburg, but since than the Japanese have occupied the whole island of Saghalien and proclaimed their own administration. The payment of doumity and the cession of territory, it uaanimo-ly maintained by the Japanese Pres, are x sine qu non of peace; the attitude of the Russians in regard to these articles is tnkon as merely" preliminary kicking, The landis g of the Japanese on Sayhalien, it may be remarked, was very well tined tosynehronice with the negotintions. From the latest news of the pits settled, sent by Mr, J. C. McLaughlin, thi foreign correspondent of the Kokumin at Portsmouth, it is interesting to note that the railway betwen Harbin and Viadivostock is not to be used henceforth for military purposes.
Text read from the printed page and cleaned; old type leaves the occasional error.