Within the inner circles it is today believed by some that Karakhan will negotiate and agree to China's terms and that recognition is therefor imminent, and others that there will be no capi tulation on either side until there are further developments in Europe and that China will follow her traditional policy of watchful ing. Probably the discus upon, which negotiations will be longest suspended is that of the abrogation of old treaties. China wante Imperial Russia's treaties repudieted by new Russia prior to recognition and Karakhan. promises new treaties for cld ones what is one. of the tri ques: tions, the settlement of which will ead ' to immediate recognition, ing point, however, both purties, and it is stupid for either to think that the other does not know it. Neutral Russian observers believe that Karakhan was right some days ago when.he said that Japanese recognition might fasily antedate Chincan recogni-
Text read from the printed page and cleaned; old type leaves the occasional error.