It was learned in Shanghai on July 20 that the note to the Japanese differs from that to the French in that it does not set the date for the expiration of the treaty, but assumes that it has always expired und cannot be renewed.
'Japanese firms in Shanghai are worried as to the meaning of this Procedure, particularly as' regards shipping on the Yangtze and the Presence of Japareso in the interior, Dr. C. T. Wang's note of July 21 came as a surprise to the Japanese, because it was definitely understood that he had stated to Mr.
Yada, the Japanese Consul-General in Shanghai, that he would recognize the previous negotiations with the Waichiaopu in Peking, would start from where they left off and that he would open negotiations for the conclusion of a new treaty. The present action, as Japanese put it politely, would indicate that he has changed his mind.
Text read from the printed page and cleaned; old type leaves the occasional error.