The times. [volume] (Richmond, Va.) 1890-1903, 1898-01-06
UNDERSTANDING REACHED.
Kiao Chou Bay Leased to Gtrmauy for
an Indif lie Time.
THE TERMS ARE NOT MADE IUBLIC.
Germany is Given Many PriviIcges-1he
General Feeling on London stock Ex-
change Indicates Improvements
in the situation.

BERLIN. Jan. 5.--The Reichsanzeiger
this evening announces that according to
4 telegram from Pckin, an understanding
has been reached between Germany and
China regarding the ccssion OF Kiao Chou
Bay 10 the former. The arrangement 1t
is added. is substantially az follows:
II is intended by the cession to rvnuer
possible for Germany the fulhllmcnt or
her just wish Of the possession in tho
same way as other Powers OF a base for
trade and navigation IN Chinese waters.
The cession Of Kiao chou Bay to Ger
many takes the form OF lease for an in
definite time Germany is at liberty
to erect on the ceded Chinese territory
an the necessary buildings and cstablish-
ments and to take the measures required
for their protection.
Continuing the Reichsanzeiger says the
ceded territory comprises the whole OK
the inner basin OF I<iaO chou Bay. so far
az the high water line. the larger head
lands situated south and north OF the en-
trance of the bay. 20 the point where they
are naturally bounded by mountain
ranges and also the islands situated with
In and IN front of tho bay.
ltftMS | Mn kNONN.
The ceded territory comprises an area
Of several square miles. bounded by q
larger zone around the bay. within which
no measures or arrangements may he
made by China without the consent o
Germany In particular. no obstacles art
to be raised hy China to any measure
Germany deems necessary for the ree,S
latlon OF the watercourses. Finally, TX
order 10 avoid conflicts which might dis
turb the good understanding between INA
two Powers" China has transferred u
Germany for period. "A lease OF all sovs
erelgn rights over the ceded territory.
The telegram. which is brief, does nos
state the duration Of the lease nor tina
amount payable by Germany
IL for any cause klaO Chou Bay should
prove unsuitable for the Objects Germany
has In view. China. after arriving AT an
understanding with Germany viii ceds
the latter at another point Of the coast a
piece Of territory which Germany may
regard as more suitable for her purpose.
In that case China will take overe tho
buildings and establishments constructed
bv Germany at Kiae Chou Bay and re-
fund their cost.
THD TALK OF \ LEASE.
LONDON. Jan. 6.-rho Times says edi
torially this morning:
"It will be simple 10 assume that TN
Rochsanrigers dispatch may be biased
for IL quite omits TO say what china
received. The material fact Is that Ger
many By physical force has obtained
naval station. This Is the fact thai
must guide other powers in determining
their own policy
"The talk of L lease Is a mere savinl
of appearances. There Is no doubt that
both Germany and China are aware that
II is a practical cession in full sovef-
eighty. II provides n further argument In
favor OF an English guaranteed Chinese
loan"
The Daily Mail, commenting upon ths
"fact that the United States and Japan
are openly on cur side i'm the Chinese af-
fair" SAYS: For once we are getting soma
recognition for our generous commercial
policy"
A dispatch TO the Times, from Pekin.
dated Yesterday "wednesday, says that
Germany has taken lease Of Kiao chau
for fifty years. 1t says also reports are
current there that a French occupation OF
Hai-Nan Island Is imminent.
IMPROVED FEELING.
LONDON Jan. 5.-rhcre is a general
feeling in England and IL IL reflected on
the stock Exchange that the situation
in the far East is improving. IL Is be-
lievcd the proposed Chinese loan OF
el6010OOO will be guaranteed by the
British government, althot gh the final
decision IL not likely TO b. reached until
tie meeting Of the Cabinet On Monday
next.
The Pail Mall Gazette this afternoon
refers TO "Ascendency OF money over
the mailed fist" and says:
Great Britain's vessels are anchored
off Chemupo at Port Arthur. This In
quietly implying that Great Britain Will
have voice in future arrangements.
Further the latest kilograms clearly indi-
cate that she has plenty Of friends"
Tho Pail Mall Gazette. continues:
ASIDE from the japanese, nations like
the United States whose interests are
purely commercial are well disposed to-
ward our government and arc opposed
IA frgdo QNciusivqucss