Peking, Feb. 24.
The negotiations between China and Japan are proceeding smoothly. While not abandoning their full demande, the Japanese have agreed to carry on the negotiations on the basis of the list communicated to the other Powers. The Japanese assert that there is no reason to think that any forceful action will be necessary, while the Chinese ex-prose their readiness to make any reasonable concessions which do not conflict with Chinese sovereignty and the principle of equal opportun-
Text read from the printed page and cleaned; old type leaves the occasional error.