The record-union., 1895-04-18
A Compromise Reported to Have
at Last Been Effected.
THE JAPS WILL GET MANY MILLIONS
IN MONEY.
Beside, Their Military Power VIII DO
Greatly Strengthened-The Amount
of Indemnity Placed at One Hun
dred and Fifty Millions of Dollars.
special to the REcoRp-ur1or.

Special to the RECORD UNION.
WASHINGTON, April 1.-THE Chinese
imperial edict sent by the Associated
Press last night from Tien-Tsin is ac-
cepted among the officials and diplomats
here as setting at rest conflicting reports
as to the final terms of peace. An in
demnity of 20O,O0O,0OO Iaels is the COM
promise.
Japan first demanded 500, 100000 taels,
but on solicitation Of Prince Ii threw Off
100, 900. At the Chinese Legation it is
stated that tael varies in value, but the
present value of the customs OK treasury
tsel, in which undoubtedly the payment
will be made, is 81 so in Mexican silver,
or about 70 cents in gold.
This would make the indemnity equiva-
lent 10 $500, 100000 in Mexican silver dol
lars, or Si5O, 900, 900 in gold. The Mexican
trade dollar is the current coin of China
and the basis Of circulation, SO that the
belief is very strong, though information
on the subject is lacking, that the pay
ment may be in silver.
ne edIct that Japan is to occupy Liano
lung PENINSULA up TO the fortieth degree
I OF latitude settles the important point
lhat she Will have great fortress at Port
arthur and the Immediate surrounding
territory, as already toreshadowed in the
/ dispatches.
LIano lung Peninsula is a small point
OF !anu Juttng southwark into the Gulf
OF EechlIl, with Port Arthur az its ex-
treme point The fortieth degree of
/ latitude cuts across the mainland where
the little peninsula Droadens into the
mainland of Manchuria This lower
peninsula has the shape of a sword, and
Is known as the "Regenps Sword"
1he edIct does not state whether japan
gets the acquisition permanently or until
| the indemnity is paid. She has con-
tended for having it permanentIy If the
occupancy Is temporary it will give
Japan . military command over China aa
long as the occupation lasts. The per-
manent occupancy OF the Island OF For
lHosa has been settled for some time The
| opening OF Pekln and four new ports OF
! commerce marks the Introduction of
modern methods in the interior of China,
Japan has gained the privilege OF estab-
Lshiug her cotton and other factories i'll
Chlna, OuG II remains to be seen whether
Japanese capital Will invest in these
enterprises or the Chinese buy these
modern fabrics.
Inc edIct makes significant omission
as toathe reported Japan China alliance,
offensive and defensive, which, ii con-
summateQ, would have given the "Orient
10 the Orlentals." Japanese and Chinese
officials IN Washington have never cred
tied the report OF this alliance,
Commander Myaoka, an attache of tha
Japanese legation, referring to the mill
tarY operations OF the Japanese Chinese
| war Just closed, said: "It has afforded a
! wide field Of observation on modern
/ methods OF warfare, as it has been the
| first great conflict since the Franco-Ger-
! man war, when the implements OF war
| were far less advanced than they are now.
| AT the outset the Japanese soldiers were
| armed with an old-style rifle, and the
battle OF Ping Yang was fought with
| slngle-hre guns. Among the guns cap
| tured by the Chinese it was found that
they had very few superior repeating
rifles, although the bulk OF their arms
were found primitive and useless. Japan
has since undertaken to re-arm all soldiers
with repeating rifles of the latest style,
Nearly oue-third of the troops have this
new arm, and the arsenals are hard at
work turning out the guns for a complete
! equipment. The war footing of the
Japanese army is now up to $50, 900 men;
their peace footing was 10000, distributed
in six garrisons. Now that the war is
over, it is not likely that an immediate
reduction will be made back to the peace
basis, for II the final terms of peace in
| clude Cessions of territory, permanent or
! temporary, there will have to be forces
! for these localities, beside equipping the
| six home garrisons."
| YOKOHAMA, April 1.-THE i'm, a
| newspaper, states the terms of peace con-
| Ciuded between China and Japan in
| clude the cessiOn OF the territory from the
! Yalu River to the Lao River, on the
| southern portion of Liauo Tung PENN
! sula, on which Port Arthur and the Re-
| gents Sword are situated and including
| Hinkow, Hal Cheng and Chu Lien
| Cheng.
LONDON, April 17.-An official dispatch
| has been received at the Foreign Office
| announcing the conclusion of peace be-
! tween China and Japan. Earl Kimberly
| returned to town unexpectedly to-day,
and informed the reporter that the terms
| of peace included matters relating to COM
! merciaI concessions. The exact nature
| of the latter were not known to him, but
| generally speaking, the terms were cor
! rectly stated in the dispatches to the AS
! sociated Press from Tien-Tsin last night.
! The dispatch referred to by the Earl was
! the dispatch sent out exclusively TO the
| Associated Aress last night, announcing
! that an imperial edict had been issued
! authorizing Lii Hung Chang to sign the
! terms OF peace in accordance with tho
Japanese ultimatum. Accordingly the
| indemnity to be paid by China is 200, 90, 900
! taels, the Japanese are to have possession
| of the LianO Tung Peninsula to the fourth
| degree of latitude and are also to possess
| the Island of tOrmosa. In addition,
| Pekin and four new ports of China are to
! be opened to commerce and the Japanese
| are to have the power to open cotton fac
! tories and other industries in China.
The decree also provides that the import
| duties at the open ports are not to exceed
! 2 per cent.