The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-02-02
FIXED RA TITO OF CAPITAL SHIP
STRENGTH BETWEEN FIVE GREAT
POWERS ESI'A ABLLSHED A 4 PARLAY
Resolution for Revision of the
Chinese Treaty Will Be En-
bodied in a Separte
Treaty.
(ey The Associated Prsss)

WASHINGTON, Feb. 1.-The reso-
luton for revision of the Chinese tariff
was not brought forward at the plen-
airy session, but win be embodied in
a separate treaty to be presented later.
Work already has begun on ttis treaty
as well as the one dealing with the
other agreements on Chinese questions
reached by the far eastern committee.
Drafts of the two treaties will be con-
sidered tomorrow morning by the
delegations meeting separately.
Announcement today of the terms of
settlement of the Shantung contro-
versy, bringing to a close the long dis
pute between China and Japan, is ex-
pected to hasten action on all pending
far eastern questions because it re-
moves one of the chief elements of
discord. Under the settlement, Shan
tung within FIVE years will become
Chinese territory governmentalIy as
well as geographically, and thus after
months Of agitation in China and Ja-
pan, the Japanese government def
nitely and finally has set time for
the fuIfillment of its promise. Within
full view of the great powers, as China
desired, Japan has agreed to restore
L
Tsfnanfu railroad, the heart Of the con-
, troversy, at the end of six months and
full control after five or fifteen years,
at China's option, upon payment of the
equivalent of $4,000, 600 gold German
marks.
China. on her part, agreed that dur
ing the period of payment, a Japanese
, national should occupy the position of
L~af -, zf 49,
with a Japanese to fill Jointly with a
Chinese the post of chief accountant.
The officials, however, viii be under
the direct authority Of a Chinese
managing director and could be dis
| charged by him for cause.
The railway will be turned over to
a Chinese managing director within
six months of the signing of the
treaty, the last date for the fulfllment
by Japan of details of the transfer of
| the leasehold. The treaty probably
will be completed finally at another
meeting tomorrow morning of the
Chinese and Japanese delegates. When
it viii be signed is uncertain.
In his presentation OF the naval linn
itation treaty at today's plenary ses-
| sion, Secretary Hughes declared that
although there had been changes OF
detail, with respect to capital ships,
''the plan proposed on behalf of the
American government has been main
tanned, and the spirit in which the
proposal was made, and in which it
was received, has dominated the en-.
tire negotiations and brought them to
a very successful conclusion" At some
length he analyzed the American pro-
posal in comparison with the final
treaty agreements.
In conclusion, Mr.. Hughes said:
NO more extraordinary or signif-
cant treaty has ever been entered into.
It is extraordinary because we no
longer merely talk of the desirabiiity
of diminishing the burdens of naval
ornaments, but we actually limit
them It is extraordinary because this
limitation is effected in that field in
which nations have been most jealous
of their power, and in which they have
hitherto been disposed to resent any
Interference with their power
81 shall not enlarge upon the sig
nificance of the engagement. OF course,
il is obvious that it means an enor-
nous saving OF money and the lifting
OF the very heavy and unnecessary
burden from the peoples of the coun-
try who unite in this agreement
''Thls treaty ends absolutely ends.
the race IN competition In naval arma-
ment Al the same TINS It leaves the
relative security OF tho great naval
powers unImpaired
In this treaty we are talking Of
arms in the language of peace The
best thing about the engagement is
the spirit which has been manifested
throughout our negotiations, and 20
which is due our ability to reach this
fortunate conclusion. In other words,
we are taking perhaps the greatest
forward step to establish the reign of
peace"