The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-08-14

the peace mission must be regarded In
itself as an evidence Of the Cars wish
that the Portsmouth, conference should
not be abortive. but In view Of the knowl.
edge that the negotiation Of heavy loan
Is contemplated through Leading American
bankers with European connections; It
attains deeper Significance. which the
reader. will not fail to grasp.
Beyond what has been said above there
Is nothing to add that will lead to clearer
understanding OF the situation. 1t Is
sufficient to cay that the Russian peace
mission is apparently seeking the advice
and aid Of great American and European
bankers prior to the discussion with the
Japanese ENJOYS Of the condition made
by Japan that Russia shall remunerate
the Toxic Government for the vast Pc
cuniary expenditures to which 1t has been
put In the prosecution Of the war. More
hight viii be shed on the situation after
the arrival here Of Messrs. Schiff, Seligman
and Strauss.
In the meantime the peace conference
will 60 on unless some unexpected obstacle
appears, and while 1t cannot be safely pre-
dicted now that q treaty ultimately will
be made, the prospect Of success is very
bright indeed.
NO SUNDAY SESSION.
In their session yesterday the Russian
and the Japanese peace envoys got on
much better than was understood from the
information obtainable last night. As The
Sun said this morning, they devoted them
selves to tho consideration of the first
article OF the japanese conditions, which
is that Russia acknowledge and recognize
Japan's preponderance Of Influence In
Corea.
It leaked out to-day that far from getting
into . ser Gus dispute. the adversaries did
not materially differ upon the question
at 4ssue. The Russian plenipotentiaries
showed disposition to agree to the prin-
ciple OF what had been proposed by the
Japanese. and when the session ended the
four ENJOYS had In effect reached an agree
ment. They could not, however, reconcile
differences as to the proper phraseology
of the article dealing with Corea, and it was
the intention to meet again this afternoon
for the purpose Of attempting to agree
upon verbal terms that would satisfy both
sides.
But there was no meeting Of the pleni-
potentiaries to-day. Most people here
supposed that the change in plan was due
to q decision Of the ENJOYS that it would
be well to rest one day in the week.
The failure to hold a conference was the
result, however. Of a note which Mr.. Witte
sent to Baron Komura last night 10 regard
to the difference over the phraseoiogy Of
the agreement reached at yesterdays long
session. After returning to the Went
worth Hotel upon the conclusion Of the
meeting Mr.. Witte thought he saw a way
to phrase the article with satisfaction to
both Japan and Russia, and at o'clock
he sent note to Baron Komura In which
his harmonizing suggestion was made.
After examining this note Baron Komura
and Mr.. Takahira decided that it required
an extended written response. and they
requested, therefore. that no session be
held to-day. In order to give them time
to prepare their views Mr.. Witte and
Baron Rosen courteously complied.
The next Joint session Of the envoy. will
be held tomorrow morning at ESQ o'clock.