The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1895-05-01
ICHINA'S BARRIERS down.
!Other Countries Profit by the Terms
Of Peace Exacted by Japan.
TREATY SIGNED BY ALL ENJOYS.

Anybody May Introduce Into China Fac
tories or Machinery and May Lease
Warehouses in tho Interior---Intima-
ton That European Powers Will At
tempt to Revise the Concessions.
Tho treaty of peace between Japan and
China was signed at Shimonoseki by the
Peace Commissioners of both countries.
The provisions of this treaty Of most conse-
suence to outside countries are these:
China agrees to no longer impose upon
foreigners the odious tax known as liliin,
levied upon goods and sales.
A uniform standard tael is to be adopted
by China for her currency. Much confusion
is caused in money calculations. because
there are the Haikwan or customs tael
casually meant when Government compute
tions are made), worth about seventy-fve
cents; the Ticntsin tael, worth about seventy
three cents, and the Shanghai tael, worth
about sixty-nine cents.
All foreigners are to be permitted to intro
duce into China factories and machinery,
and to lease warehouses in the interior.
Japan takes Formosa, the PescadoreS ISL
ands and Manchuria from YinGkow, on the
Leao River, to Anping, on the 4alu. includ-
ing the Leatong peninsula:
No other part of China is to be occupied
by Japan, even as temporary guarantee
that China shall abide by the provisions
OF the peace treaty, except possibly Wei
hai-wei.
The indemnity which China is to pay to
japan is fixed at 200, 200, 900 taels in silver
equivalent to about $3.50, 900, 900 in American
gold).
made by China are to be shared by all Ma
tions.
The autonomy OF Korea is recognized.
No pressure from Western Powers was
brought to bear upon Japan during the
peace negotiations.
A dispatch from ShimonoseH says that Ii
Hung Chang, China's peace envoy, has
started for home, having conceded all Of
Japan's demands.
A despatch from Tentsin, China, says an
imperial proclamation has been issued au-
thorizing Ii Hung Chang to sign treaty OF
peace with Japan guaranteeing the payment
Of 200, 900, 900 taels indemnity. BY the proc
slamation Ii Hung Chang is Empowered
to cede to the Japanese the island Of For
mosa and the peninsula of Lao Tung to the
fortieth degree of latitude, to sanction the
opening OF five new commercial ports, includ-
ing Pekin, and to give Japan the power to
open cotton factories and other industries in
China
Germany objects to the conditions of peace
only so far as they encroach upon German
commercial interests, and regards the whole
question as one to !be settled between China
and Japan as long as European interests are
mot affected.
The French and Russian Governments are
about to convoke a meeting Of the Powers
for the purpose of revising the terms OF peace
agreed upon by the Chinese and japanese
representatives.
, The Pail Mall Gazette, leading British
paper, commenting on the terms Of peace be-
tween China and Japan, as defined by the i'm
perial edict just issued In Pekin, says the
cession of Formosa will surely displease
England, while the cession OF Port Arthur
will be objected to by Russia. "Our Gov
ernment," the Gazette says" may safely be
depended uponto do nothing, however, un-
less the other Powers take action"
The st. James's Gazette says: "If Japan
declines to be frightened Russia may come
to the conclusion that she would better not
and has no feeling Of anger toward Japan.
The opening Of factories in China by Japan
does not mean that she will have monopoly
Of such industries, as England could also
open factory II she chose"
The Russian journals are more vigorous in
their utterances than the English papers, and
sound the warning that the signing OF such
treaty OF peace will be only prelude to
wider though unnecessary armed conflict.
! Japan will place in England at once Or
ders for several warships, to be built on the
lines suggested by her experience In the war.
A despatch from Toxic. Japan, says that
peace rati1cations will be exchanged within
three weeks, and that the armistice has been
extended to midnight on Mays