Yen-ching took advantage of the inauguration of the new arrangement with Japan to denounce the policy which "Manchoukuo had initiated in 1032, In an important statement the Foreign Minister set forth the views and intentions of his government, Minister Chang then explained that, "With the Intention of avoiding sudden change, we have, heretofore, asa matter of favour accorded such treatment to the nationals of ox-tra territorial Powers as it they had continued to enjoy these rights."
Citing the example of able number of subjects in Manchuria, and whose investments now each an enormous sum, but who has decided to abolish voluntarily and by Gradual degrees hor extraterritorial Fights, the Minister deduces that the continuation of generous treatment to certain foreigners is not only unnecessary, but. also an" impediment administration, The government has decided to abolish this treatment by eadual steps,
Text read from the printed page and cleaned; old type leaves the occasional error.