"Vested rights of foreign countries in Manchuria were only on a small scale, comparatively.
"Japanese enterprises in Manchuria were managed by the S.M.R. and Okura interests. Central China is the focal point of the vested: rights and concessions of foreign Powers and in North China similar conditions exist."
Steady progress is being made in negotiations for the projected merger of the "Provisional" and "Reformed Government" Mr. Morishima revealed. He was present at the first conference between offici of the two governments in Peiping.
Negotiations must be continued "slowly but steadily" for sóme time, he said, because both governments have different political and economic problems which need to be smoothed out in paving the way for their amalgamation.
Text read from the printed page and cleaned; old type leaves the occasional error.