Fuller details are to hand of the rangement whereby it is. eventu:
expected Soviet "Russia will dispose of her" share in the Chinese Eastern Railway to Japan. The sale price of Yen 170,000600, of which Yen 90,000,000" will be compensation for Soviet employees of the railway, will not be paid in cash, only Jone-third tobe each and the reminder in goods. In the sale agree Iment, of course, the name of Man-Jchoukeuo will apes Fithoush Japan is tions. Fie
tives are the folaiion.by Manchoukuo een carpeted or the alterna.
a Loan in Japan, or the "operation of the Chinese Eastern Railway by the South Manchuria Railway. the Intier taking over the C. E. Ras a security for the Yen 77/60,000, which is the only amount "of cash involved in the deal. Transcending the railway bargain, however, is the question whether this arrangement implies Russian recognition of the state of IManchoukuo. European political elrcles believe that it does, and Japan will not deny the implication if it Shows promise of materialization. On the foundation of Manchoukuo, Russia was among the Powers approached with "a request for recognition and ti though the others gave a definite hhegative reply Russia remained lent, obviously keeping the possibility' in mind for fu size developments, one of which is the disposal of the C. E.R which is more a political move than a commercial Kansaction. It will be interesting, therefore, to see if the newest member of the League of Nations adds weight to the decision of Bl Salvador, the one and only nation outside Japan. to accord recomrition to the new state.
Text read from the printed page and cleaned; old type leaves the occasional error.