The Archive · 1934

C.E.R. SALE TALKS NEAR END

Agreement to be Signed About Christmas Tokyo, Nov. 10.

The agreement for the sale of the Soviet share of the Chinese Eastern Railway to Mancnoukuo will be signed about Christmas as Mr. K. Hirota, Foreign Minister, and M. Yurenev, Soviet Ambassador, have agreed to establish an investigation committee to hasten the sale.

Compromise offers were made by both parties during the past week and a satisfactory settlement is be-Weved near. The investigation com: mittee, which will be appointed soon, will go to northern Manchuria examine the properties of the railway.

'Mr, Hirota and M. Yurenev disagree fon the Soviet's demand that Japan should guarantee payments by' Manchoukuo. Mr. Hirota insists that Manchoukuo is an independent country and, therefore, does not need guarantee by a third nation in concluding an agreement. There would be no danger, Mr. Hirota believes, Japanese banks accept the Manchou-bonds to be used in payment Russia.

The two negotiators will meet early next week when the Japanese Foreign Minister will ask for the Soviet acceptance of the Hirota proposal. United Press,

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

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