The term for the rent of the Yangtsze Wharf & Godown Co.'s property has expired for some considerable time already, comments the "Shanghai Journal of Commerce." The repeated notices given by the Chiaotungpu to the Japanese firm that the property must be returned have been ignored, thus demonstrating the utter futility of. expecting the Japanese to respect the terms of a contract. If Japan argues that a contract is not binding, then all Sino-Japanese compacts and agreements should be equally not binding.
Yet, at the Washington Conference, the Japanese - delegates dramatically pleaded the binding inviolability of treaties concerning China even entered into ° without our consent! As regards their contention that large sums have been spent on repairs for which they would like to receive compensation, a foreign surveyor has certified that he can discover no indications of such repairs. Business is business, 0 a contract is a contract. Japan-should know that it is not worth her while to prejudice her friendly relations with this country for such a paltry property, although it may be another matter to her when Shantung and South Manchuria are concerned, Pexine, Mar. Mr. Wang Nai-ping has' resigned the position of President of the Chinese Eastern Railway. There is further confirmation to-day of the reports that he has been offered the post of Civil Governor of Fengtien and that Mr. Yeh Kung-cho will become President of the Chinese Eastern Railway.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.