The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1895-04-24
The Price Of Peace.
It Comes High. but China
Must Have it.

~0Se Law ~
LONDON. April IA dispateh 20
the Star from Tien Tsin says an inn
perial proclamation Has Seen issued
authorizingLi Hung. chang TO sign q
treaty with Japan, guaranteeing the
payment of zoo, o00, 900 taels indem-
nifty By proclamation, Ii Hung
Chang is empowered to cede to the
japanese the Island of Formosa and
the Peninsular of Liao to the 4th de.
gree of latitude, to sanction opening
Eve new commercial ports, including
Peking and to give Japan power to
open cotton factories and other in-
dustries in China. By the terms of
the proclamation. import duties at
open ports are not to exceed 2 per
cent.
An imperial proclamation has been
issued granting sick leave to the vice
roy of Canton and ordering him to
retire to his native province.
LONDON, April 1.-THE Central
News correspondent in Toxic learns
that the Chinese indemnity to Japan
is to be paid ins1lver in five years in
stallments. also that by the terms of
the treaty of peace. Japan is to re-
ceive possession Of Formosa, the
Pescadore Islands. the Peninsular of
Liao Tung from Yin Row to Au Ping,
ON the Yalu river and an indemnity
of 200, 600. 600 tae.s II, silver. Several
important commercial concessions
are also made by China, but these
Japan is to share with other nations.
No territory is to be occupied by
Japan as a temporary guarantee, ex
cept, perhaps, Liu Kung Tao.
"ENGLaND IS BENEvonEST."
LONDON, April IA dispatch to
the Globe from Shimonoseki says that
Ii Hung Chang will start for home
to-day, having conceded all cf Ja-
pans demands
The St. James Gazette says: If ia.
pan declines to be frightened, Russia
may come to the conclusion that she
would better not try to force. Mean
while England is benevolent and has
no feeling of anger toward Japan.
The opening of factories in China by
Japan does not mean that she will
have a monopoly of snch industries
as England could also open factories
if she choose.
A THREAT FROM RUSSIA.
LONDON, April II i Pail Mall
Gazette commenting on the terms of
peace between China and Japan as
defined by the imperial edict just
issued in Pekin, says that the condi-
sions are better than those mentioned
in the Times dispatches OF yesterday,
but the ceesion Of Formosa will sure.
y displace England. while the ces.
sion of Port Arthur will be objected
to by Russia.
"Our government says the Ga
zette, "may safely be depended upon,
however. unless other powers take
action
Russia journals, according to dis
patches from St. Petersburg, are
more vigorous in their utterances
than English papers. and sound a
warning that the signing of such
treaty of peace as indicated by the
dispatches of the last twenty-four
hours will be only a prelude to wider,
though unnecessary, armed conflict.
EXPECTED REVOLUTION IN CHINA.
LONDON. April IA Central
News dispatch from Toxic says The
Chinese peace ENJOYS start for Tien
Tsin this afternoon and the Japanese
plenipotentiaries will return to
Hiroshima tomorrow.
A dispatch from Hong Kong says
it is expected there that a revolution
against the reigning dynasty will be
begun on Friday. The leading
Chinese of Canton are coming to
Hong Kong in large numbers.