The Montgomery advertiser., 1905-08-17
HOPES FOR PEACE ASCEND Prospects Arc Distinctly
 Bright. TWO ARTICLES AGREED 0g Chinese Eastern Railroad
 Coded by Russia. Powers Are ssia ts Be Urxssg Je1an Not to Hold Strictly to Her <
 Demands CrfsIs
 Comes Monday.
TWO ARTICLES AGREED 0ly|

| - 1 Portsmouth, N H., Aug. 16.--The prospects of peace are distinctly bright- CT tonight. The pienipotentiarfes are laboring with seriousness and earn
 estness which leaves not the slightest
 doubt that both are anxious to con- clude a treaty. Though the main points
 remain to be contested the plenipoten-
 tiaries of each side speak as though | the conference would go to pieces un~ l less the other side gives way, the spirit of compromise is in . the air. When he returned t1 the hotel tonight
 M. witte. who was tired out with his
 hard days work. said:
 | N"I am doing all I can for peace. or | the eight articles we have already con-
 sidered I have yielded seven. No oth- l CT statesman in Russia would have
 dared to do SO. and have done what I
 have done upon my own responsible
 ity"
 | From an authoritative source, 1t is l now possible to forecast with fair degree of accuracy that the crisis will come on next Monday. Articles and
 8. dealing with the fate of the Chinese
 Eastern railroad having been disposed
 of today. there remains in addition to
 the cession of Sakhalin which was | passed over the question of indemnity which comes up tomorrow as article 2. the limitation of Russias sea power In the Far East. the surrender of the In | termed warships and the grant to Ja- pan of fishing rights on the iittoral
 north of vladivostok.
 | TO all except the latter. to which Russia will agree. negative answer
 has been returned. absolute fin the case
 of indemnity and sakhalin. Perhaps both the others may be modified and
 accepted by M. witte in order to
 strengthen his position insisting upon
 concession from Japan regarding It's demands of an indemnity and Sakha- | lin.
 Before yielding on either side of the
 latter 1t can be regarded as practically certain that M. Witte would consult l the Emperor.
 The exchange of views on the i've re- | maining articles is expected to be com pietsd on Friday or Saturday morning | at the latest. The pienipotentiariesssf ssff-l the adjourn until Monday, when their last cards win be thrown on the table. If there Is to be bargaining 1t will come then and suddenly the conferences vii be
 oyer or peace will pe assured. The with protocols drawn up to sign and l part, or remain for the elaboration of
 the Treaty of Washington"
 Two Articles Disposed of | Articles and 8 were disposed of
 today, the former fin principle" the lat- | ter, Unanimously" according to the of | hcial bulletins Article provides for 1 the cesslon to China of the branch of 1 the Chinese eastern railroad running
 south from Harbin to Port Arthur and | Dalny and with q branch line conneet-
 ing at Newchwang with the shan Haf | Kwan- -Tien-Tsin road. Article pro- | vides for the retention by Russia of the l line through Northern Manchuria which | forms a connecting link of the main Iline of the Trans-Siberian and the Usur-
 ri railroad with its terminus at Viadi- | vistok and Karharbarovsk
 1 From both sides the Associated Press | is informed that the acceptance lin | principle" of article only means that | certain points remain to be elaborated
 not that dispute still exists. But this
 may be possibly only a convenisnt
 method of posponins the hnai strossls | the acceptance of an article which | would be used in the ultimate compro- | mise. Russia, by the acceptance or | these two articles in connection with | articles 2, 8. {. and surrenders | every vestige of her ambition In Man
 churia. She closes the door to
 the warm water. ics Ies mort of Dalny upon which she iavished her millions and retains only Q commercial road. the link of the raii-
 road connecting her European posses- sions with the maritime provinces upon | the Paaiic The right to police it with | Russian troops or railroad guards IS | the duty of China. The Chinese East
 arn road is T shaped The stem runs | Srom Harbin south. The top runs from | the station Manchuria- on- -Amur to Fo- | rranttchnaia, where IL connects with | inc Government-owned Unsurrt Road 1 to the coast It was this 'cut off''
 which more than anything else paved the way for what is known as the l 'sManchurian adventure" changing the i whole plan of Mir. Witte while Minister
 of Finance. His object had been only
 to make of Talienwan or Dalny conn mercial entry port for foreign trade. | but with the strategic railroad behind | them the war party aggressive policy | began
 The shares of the Chinese Eastern Company consist of s2,500.o00. which fin | the form of a single certificate are held | in the coffers of the Russo-Chinese bank as trustee. The 4 per cent. bonds issued from time to time for it's con- | struction were guaranteed by the Rus
 sian Government and amount to over | s20O, ,000, 900. The bonds as far as pos- | sible were sold to bankers and the puh- lie. They were listed on the stock ex- changes in Russia. Berlin and Paris
 and are now selling at between sz and
 S3.
 The Russian Minister of Finance has annually paid not only the interest on | the bonds but the deficit in the operat- | ing expenses of the road which have been heavy. As about half this money
 went into the Port Arthur branch the Russian treasury is o9t of pocket about half the total outlay. Her only hope | of saving anything is to arrange with China. Japan, too. will have her claim
 against the Pelxin Government for the
 restoration of the road after 1t was | destroyed by the Russian army, the
 rebuilding of the bridges and the change in the gauge. It Is believed these two questions are left by the article for each country to arrange with | the Celestial en.SSre.
 Powers at Work.
 There were persistent rumors about 1 Ina hotel late tonight that several
 mowers. Including the Washington Gov srnment are bringing pressure to bear
 mon Japan to forego "the cost of the
 war" and content herself with such l other compensation as she can secure 1 VI = kha "a atfroad the Russian uronaf-