The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-11
PEACE NEAR AT HAND
ALL But ONE Of THE EIGHT TERMS
ACCEPTED BY CHINA.
Probable Provisions of the Agree
War-Armistice Ends In Ten Days.

WASHINGTON, April 10-The Chino
japanese armistice closes in ten days, so
that it is anticipated by officials and diplo-
mates that the final terms of peace must
be near at hand. 1t is stated, however.
by a diplomatic of experience with the
Chinese and Coreans that it is character
istic; with them not to meet an emergency
until the last day. A case is cited in which
Japan gave Corea thsee months to
acquiesce in certain conditions There was
no response until the day before the three
months expired, when Corean official APP
peared and stated that the subject had
been overlooked and more time was de-
sired. which request, however, was not
granted. 1t would not be surprising to
officials if Ii Hung Chang pursued this
policy, taking the full ten days before yield
ing to all JapanS demands. The reports
that the indemnity will be about 100000
600 yen, comedies substantially with the
the amount of the payment. The present
rate of exchange on the silver yen is AZ
cents, SO that 4o0,oOO,Ooo silver yen would
1t is agreed on all hands, including Jap
anese and Chinese officials, that the indie
of peace This brings out the curious fact
that the United States is the only power
which has heretofore recognized Corea
mates delegation from that country. 1t is
stated that some time ago China addressed
private letter TO all foreign powers Ia
which it was argued that Corea was indie
pendent in conducting her internal affairs,
but was tributary of China, so Tar as
dealings with foreign powers were con-
cerned. 1t has never been disclosed what
answers the powers gave, but from the
fact that Corea has no diplomatic legation
anywhere outside the United States, 1T Is
concluded that the European powers
acquiesced in China's suggestion and failed
to accord Corea compete independence OF
China 1t is understood that the United
States never made any formal reply to
China's contention, but the establishment of
a Corean legation in Washington was
tacit refusal to recognize her authority over
dependence. 1t is believed the peace agree
ment between Japan and China Will so
conspicuously affirm Corea's independence
that the kingdom will extend her treaty
relations with the remainder Of the world
and establish legations throughout Europe
we'll as in the United States.
The cable reports that seven of the eight
terms of peace between China and Japan
have been agreed on occasions much specu-
lation here as to the eight terms on which
Japan insists. The Japanese legation has
received no cables in many days. and the
officials say they have no information OF
the eight conaitions. There is no doubt,
however that FIVE of the most essential
patches at the outset of the negotiations,
namely, a new Cnino-Japanese treaty con-
ceding japan extraterritorial courts in
China, but denying the latter country
ence of Corea; an indemnity Of about $780,
100000; occupation of Port Arthur and
Wei-Hai-Wei for a term of years and
cession of the island of Formosa. The five
later developments of the conference. Three
additional ones have now been added, and
these, it is believed, relate to trade matters.
Which one of these eight terms of peace
&c he no1 nf dol lie or M vvr har