The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-07-28
POWERS IN ACCORD
MINISTER'S AT PEKIN GET TO-
GETHER ON FINANCIAL
SETTLEMENT
MUTUAL CONCESSIONS MADE
Britain and Russia, Who Had Been
Delaying the Game, Reach an
AmicabIe greement-Foreign
Troops to BE Withdrawn.

WASHINGTON, July 27.-Conf1rmatiou
Of the amplest kind of the encouraging
news that has come to the press from
Pekin relative to the settlement of the
financial problems that have engrossed
the attention of the ministers there Cor
many weary months has just come to
hand from Special Commissioner Rock
hill. Moreover, he adds to the general
items already reported the news that the
ministers will be ready to sign a protocol
within two weeks that will result
in the speedy withdrawal from Chiaa
of all foreign troops except the lega-
ton guards, and those who will occupy the
certain strategic points to be held un-
der the treaty, to safeguard the road be.
tween Peldn and the sea.
The advice Is in substance as follows:
The Russian government has signified
its intention of not further pressing the
question at present of the eventual in
crease Of the import customs duties be.
yond per cent the present figure) 1t
is agreed that in case the revenues of
China are not sufficient for the payment
Of interest and principal, the powers ara
to examine the revenues and determine
what changes are necessary in order to
supply the deficiency The imperial mari
time customs are to be included in this
arrangement.
BRITAIN rs SATISFIED.
The British minister is satisfied with
this arrangement, and the whole question
Of financial measures is therefore set
tied The $50, 100000 taels constituting the
indemnity, are to be converted into god
at the equivalent of tael value on the
1st of April last. In case the impost du-
ties are subsequently increased, the free
list will have to be abolished except for
cereals, but 1t is understood that com
pensation will in that case be asked for.
probably the financial participation OF
China in improving the water approaches
Of Shanghai and Tien Tsin. All the other
principal points of the negotiations arc
now settled, and it is expected that the
results win be summarized in the 1aaI
protocol within two weeks, and that all
the powers will become signatories.
In connection with the indemnity pay.
ments, question has arisen whether the
United States government will take its
shares of the bonds to be issued by China
In American gold or in pounds sterling
The disposition of this government Is to
take the money in the form that will be
the least burdensome to the Chinese gov
ernment, and in the interest of uniformity
it is probable that the payments will be
made in pounds sterling
NEW CABLE LAID.
According to Consul Fowler, at Che
Foo, a second cable has been laid be-
tween Che Foo and Taku, connecting
Peldn with the world. This action was
taken on account of the cable between
these ports having been seriously inter-
rupted, the nature of which the consul
does not state. He says that he believes
the Germans also have had their lines
from Shanghai and Tsintau duplicated
There are now three telegraph offices
here-the joint cables, the German and
the Chinese Qand Iines), SAYS the CONSUL