Article 26 of the Sino-Japanese Commercial Treaty of 1896, river which the present controversy is centred reads as follows:—
"Rovision—It is agreed, that either of the High Contracting Parties may demand a revision of the Tariffs and the Commercial Articles of, this Treaty at the ended ten Yeats. from ihe dite of the exchange of the Tati: ieatfons; "but if°ne such demand. be fmade"on ether "side and. mo. such Tevision be effected, within six monthe Sfter the send of the tat ten" yearty then the 'Treaty and Tarif in thole Present form, shall remain in force for fen feere mutt eekoned from the and Shall be at the end of each' successive ten years"
The present treaty expired on October 20, 1926. Atcording to its provisions, unless a revision 18 effect ed, it continues until 1986. The Japanese Government. and the Peking Government had for two years been in negotiations with regard to the revision of this treaty. 'The lays in effecting such a revision were due to the constant changes in the Poking Government and the civil war which has raged continuously durin; that period. The Japanese Govern: ment has' taken a conciliatory attitude and has made some progress in the negotiations with the Waichiaopa,
Text read from the printed page and cleaned; old type leaves the occasional error.