The Archive · 1922

SHANTUNG CONFERENCE

Agreements Signed: Protests by Students and in Parliament Peking, Nov. 97.

The Sino-Japanese Joint Commission to-day discussed the following questions:—. 7 (1) In regard to the question of compensation for the mines, it was decided that the Mining Company (Sino-Japanese Joint Corporation) under a special charter from the

compensation to the apanese Chinese Government il po as Gotrnment an amount of Y.5,000, 000. The latter agreed not to ask for its payment until the annual dividend of the said company has exeveded eight per cent. Half of the surplus to such dividend ma, be paid to Japan. No interest is asked. On the question—of organization and other questions of the mining company, both sides agreed on the whole.

(2) As to the question of land nership of foreign nationals im Tsingtao, the Japanese Commission stood. firm on their proposal for perpetual leasing of such land. The Chinese Commission agreed to the lease thereof without rent for a period not exceeding the year in which the original—Kiaochao Convention was to expire. After a long debate, both sides agreed to j regard it as an outstanding question to be eventually settled by the two Governments. As to those lands secured on lease, it was decided that the period of such lease may he extended to another thirty years upon expiration of the original term.

(3) No decision was arrived at on the "question of the Tsingtao-Sasebo_ cable.

(4) It was decided that the question of properties to be retained by Japan along the Kiaochao-Tsinanfu Railway, as well as the mode of payment therefore, may be settled after the opening of certain parts along the railway

Text read from the printed page and cleaned; old type leaves the occasional error.

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