China Again to Protest to Soviet Government Tokyo, Mar, 11.
Twenty months of acrimonious negotiations were brought to a virtual Close this evening, when representa tives of Japan, Soviet" Russia and Manchoukuo initialled the draft agree: ment on the transfer of the Chinese Eastern Rallwa; The document was simmed by Mr. Koki Hirota, Foreign Minister; Mr, Constantin Yureneff, Soviet Ambassador to Tokyo, and It-Gen, Ting Shih-yuan, Manchoukuo Minister Japan.
Under the terms of the Moscow-Changshun " eyreement, Soviet rights. to the CER, and to the collateral enterprises are transferred 19 Manchoukuo.
The price involved amounts to 140,000,000, ini addition to ¥. 80,000,000 to be paid by Manchoukuo in retirement allowances to Soviet employees of the railroad. One third of the price will be paid in cash within three years, with the balance paid out commodities within the same period of time—Rengo. he had always been connected with organizations which were usually Anancially embarrassed, but when this {$800,000 came through from Peiping, he found there were more funds on hand than they knew how to dispose of for the time, and that seemed to be more uncomfortable than being: continually wondering where to get suicient funds. from.
But soon the Committee was working hard to build up responsible community units and dependable persons in charge through whom to make these Loans to the farmers.
At the close of 1934, $546,000 of this money had been Icaned and of this amount which had been put out fall has been paid back but $8,000. And a half or more of this remaining $6,000 is expected to be collected soon.
The larger portion of these loans! thas been given to the farmers the twelve hsien or counties sur-Founding Tung Ting Lake. This section of the province can rightly be fealled the granary of Hunan, for more rice is grown here than any other section, because it is level, rich, delta land. And yet there is no section, 's0 subject to floods, for the surrounding country, for miles around is very low and with heavy water pressure the dykes cannot hold.
Two men have been sent from Peiping to help organize these recelving ce-operatives, and give instruc: tion in the making of the loan contracts, Complete reports are sent from the Hunan Relief Committee to" the National Economic Conference every study. committee has been organized, which Is working with the Government Reconstruction "Bureau, study the problems of the Tung Ting Lake. They are stu; hydraulic engineering, dyke building, well-digging, and irrigation, and in this way give to the farmers. permanent improvements. This is being made possible. by using the money which has been returned from the Labour Loans.
Since the Chinese New Year holiday, a group of 50 men who have
Text read from the printed page and cleaned; old type leaves the occasional error.