The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1905-08-31
1t is Iapan's Victory.
Raleigh Post.

Peace at last between Russia and
Japan.
At Rrst blush the story Of the finaI
agreement at the Portsmouth peace
conference looks like the balance
might be on the losing side for ia
pan. But it is distinctly Japan's
victory. Japan has by the prosecu
ton of the war, achieved wonderful
victory, and has accomplished far
more than she could possibly have
accomplished by any peaceful negotl'
ations with Russia before the wal
began. Indeed, Japan would not
have dared to ask for, at that time
what she has now absolutely secured
The war has cost her great deal
but she has achieved a great deal by
it, which is the equivalent OF direct
indemnity.
Japan has achieved the victory ir
the peace negotiations. She asked
for great deal to begin with. She
was kind to Russia in that, for in the
final agreement Russia is let down in
O. manner that is not SO humiliatln9
to her national pride, at the same
time surrendering heavily to the Mix
ADDS country, Japan has played
the peace game as successfully as SHE
prosecuted the war. as an enumera
ton of the peace terms will show:
l. Russia recognizes Japanese pre-
ponderance in Korea, with the right
to preserve order and to give mill
| tarv and financial advice to the EN-
perOr, but maintain the open door
policy and to observe the territorial
integrity Of X orea.
2. Mutual evacuation OF Man
churia.
g. Japan is to restore Chinese SOY
ereignty in Manchuria, including civi
administration.
4. Mutual obligations to respect
in the future the territorial integrity
and administrative entity OfChin6
and Manchuria, with equal oppor
tunity. The open door for the indus
! try and commerce of all nations.
,. Russia to retain the northern
part of Sakhaln island Japan thu
southern part.
| 6. Russia surrenders to Japan it,
| lease of the Liatung peninsula, includ
ing Port Arthur, Dalny and Blonde
and Elliott islands.
| I. The surrender to China of TIN
railroad from Hardin to Port Arthur
and Niuchwang, with the surrende
OF all privileges obtained under TIN
cncession of 1898.
s. Limiting the concession of 1885,
under which the cutoff road through
northern Manchuria was built to con
meet the Trans-Siberian and Ussur
line, but providing for the ownership
and operation of the road by thu
| Chinese Eastern; and providing fur
| Their for the substitution i'll the futur
OF Chinese imperial police for Russian
railway guards.
o.Russia topay about $3.50, 100000
for feeding Russian prisoners OF wa
and for other charges, which debt
can be liquidated without loss O
national honor or self-respect.
10. Special fishery rights to citi
zens of Japan in waters of the Rus
sian littoral from VladivOstok to thu
Boring sea.
In addition to the items specified
many details will appearin the treat,
that will show more clearly the vic
tory is Japan's. 1t will be foun(
that in the future Russia will be re
quired to behave herself so far a.
operations in the East are concerned
and that she will be under obliga
lions to stronger powers than Japa1
to maintain good behavior.
But all argument and speculation
aside-it is q good story published
to the world-the dove of peace ha.
found Il resting place.
The Overland Limited
leaves Chicago daily at 500 p. m. via the
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