So mach has been said in regard to the neutralization of Manchurian Rail-mays, writes our Tokio correspond: n!, aod Mr. O'Brien, the United Staies Ambassador la Tokio, has been wrongly quoted, owing no doubt to difficulties of translation, that it is proper give precisely what he messet, Mr O'Brien, in the course of an interview with a representative of the Kokumin Shimbun" on Jannsry 11 said that the United States had merely made a suggestion that it would be w the advantage of all concerned, if ' hina beeawe the real owner of the railways within ber borders; and that, inasmuch as China would not be able to pay for these lines at once, investors among the Powers would be able to purchase the bonds. It wi also assumed that Japan might be for ad- quate compensation, to part her interests in the South Manchuria Railway and allier branches, rei however, the possession of bonds which she would secure. Apart from this suggestion, Mr. O'Brien said that it was be that additional railways might required in China, snd that perhaps
Text read from the printed page and cleaned; old type leaves the occasional error.