The text of the communique is as follows "Unofficial conversations have been taking place since February, last, between the British Ambassador arid the Vice-Minister of Foreign Affairs regarding the servicing of foreign obligations secured on the Chinese Maritime Customs, and other relevant matters.
"As a result of this exchange of views, the Japanese Government has notified the British Government, in the United Kingdom, of the tempora ary measures it proposes to take, during the period of hostilities, to regulate these matters.
"In reply, the Japanese Government has received assurances that the British Government will; for its part, offer no objection to the application of these measures for the period mentioned.
"It is further understood that the Governments of the United States and France do not propose to raise any objection to the plication of these arr will be subject to recons the event of a radical change occurring in economic conditions.
"AN revenues collected by the Customs at each port within areas under Japahese occupation are to be deposited with the Yokhohama Specie Bank. y "From the revenues thus deposited, foreign loan quotas will be remitted te the Inspector-General of Customs to meet in full the servicing of foreign loans and indemnities secured on the Customs revenue.
First Charge On Revenue e servicing of such foreign is and indemnities will be treated ae the first charge on the revenue, after deducting the maintenance expenses of the Qustoms Administration and certains Customs payments and grants "Foreign loan quotas for each port will be determined monthly in proportion to the share of that po. ^n the total gross collections for all ports during the preceding month, "Arrangements will be made for payment '0 the Japanese Government of the arrears of the Japanese portion of the Boxer Indemnity held at the Hongkong end Shanghai Bank since las; September.
Arrangements will also be made:
"For meeting future payments in respect of the Japanese portion of ihe Boxer Indemnity and the Japanese share of the Reorganization Loan of 1913; "For re-payment of the overdraft incurred by the Inspector-General of Customs since January in relation to the Shanghai share of the Aoreign loan service, which has ben accumulatng in the Hongkong and Shanghai Bank, at Shaghai "For the transfer to the Yokohama Specie Bank of the balance of the Customs accounts with the Hongkong and Shanghai Bank in each port under Japanese occupation, and its utilization for the future servicing of foreign obligations, "The arrangements referred to communique are the result of ions conducted by the British Ambassador in Tokyo, Sir Robert Cra'gie, with the Japanese Government since last Februar "The arrangements, having regard to the military situation in the Far ast. appear to the British Government to offer the best guarantee obtana for safeguarding the interest:
of the holders of China's foreign obligations secured on the Customs revenues and, b; in maintaining Chin Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.