Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1905-08-17

ticle which could he used in the ulti-
mate compromise.
Russia, by the acceptance of these
two articles in connection with Articles
.. 3 4 and 6, surrendtrs every vestige Of
ner ambition in Manchuria She closes
the door TO the warm water. ice-free
port Of Dalny. upon which She lavishcd
her millions. and retains only com
mercial. not as a military road. the link
Of the railroad connecting her European
possessions with the maritime provinces
upon the Pacific, as the right to police
It with Russian troops or railroad guards
is given up and its protection Will be
come the duty of China.
The Chinese Eastern Is T-shaped The
stem runs from Hardin. south. The top
runs from the station Manchuria on the
Amur To Pogranitchna. whore it con-
meets with The GOvcrnmcnt-owned Us
SURF road to the coast 1t was This cut
of which more than anything else
paved the way for what is known as the
"Manchurian adventure changing the
whole plan Of NJ. White. while minister
of finance. His object had been only TO
make of Talien Wan or "Dalny' COM
mercial entr, port for foreign trade, but
with the strategic railroad behind them,
the war party's' aggressive policy be-
gan The original intention had been to
build the Trans Siberian entirely in Rus
sian territory north of the Amur river.
which makes Il great loop nurthward.
forming the Manchurian boundary. When
the concession for the "cut-off was OBJ
tanned from Chana, through III Hung.
nh. Eastern Railroad Co was formed by
NJ Wlttc, then minister of finance. to
| build it, and later another concession
| was obtained 10 connect it with Port
Arthur and Dalmy.
The shares of the Chinese Eastern Co.
consist Of l.Ou.or, roublcs. which, in the
form of a single certificate, III" held in
the Golfers of the Russo-Cnlnrse Bank
as trustee The per cent. bonds issued
from time Ia time for its construction
| wcr,. guaranteed by the Russian govern
mcnt ANA amount to over i""ro,Mh rou-
bles The. bond, as far az possible were
sold to bankers and IN" public. They
were listed on ehc stock exchanges i'll
Russia Berlin and Paris ana ar" now
selling a. between s. and ~. The Rus
sian ministry Of finance has annually
paid not only the interest on til" bonds,
but the Il, iicitS in the operating expenses
| Of the road which have been heavy.
As bout half this money went into
| the Port Arthur branch. the Russian
treasury is out of pocket about hait
Il tn, total outlay. Her only nope or
saving anything is to arrange WITH
Chine. Japan, too. will have her claim
against the Pekin government for the
restoration of the road after 1t was
destroyed by the Russian army. the re-
building of the bridges ana the change
in the guage. 1t is believed that these
two questions are left by the article
for each country to arrange with the
Celestial empire.
Russia will also have to settle traf-
fic arrangement with China as the two
roads together will constitute the
worlds best highway from Europe 10
the Pacific and upon the operation and
cooperation of the two roads their
future success will depend.
1t is suggested that it was this very
question of consulting China which
caused the nostponement of the final
acceptance of this article but there Is
nothing substantial to support it, The
question is very complicated and ii
required all Of the morning and the
major portion of the afternoon session
to come to the agreement lin princi
pie
It should be stated that the Chinese
Eastern Road has never been under
the administration of the minister Of
ways and communications Prince Hill
koff. but always under the control Of
q director nominated by the ministry
of finance. The present director is
NJ Wenzel.
There are persistent rumors about
the hotel late, tonight. that several
powers including the Washington gov
eminent are bringing pressure to bear
upon Japan to forego THE cost of the
war; and content herself with such
lother compensation az she can secure
Tout of the railroad, the Russian prop