SHANTUNG SETTLEMENT.

New Zealand Herald, Volume LIX, Issue 18002, 30 January 1922, Page 5

SHANTUNG SETTLEMENT.

COMPROMISE ACCEPTED.

CHINA TO BUY RAILWAY.

PAYMENT OVER 15 YEARS. By Telegraph—Press Association—Copyris^it. (Received 5.80 p.m.) A. and N.Z. WASHINGTON, Jan. 28.

Dr. Ching Hui Wang, the spokesman of the Chinese Delegation, announced yesterday that China had decided to accept the compromise suggested by Mr. C. E. Hughes and Mr. A. J. Balfour regarding the disposal of the Shantung Railway. Tho plan provides for the purchase of the railway by China by a system of deferred payments covering 15 years. ' China will appoint a managing director, and Japan will name the other officials. Formal completion of the agreement will tako place early next week. Japan unofficially has agreed to the compromise, reserving formal notice for the final session. Meanwhile the. Chinese Delegation has cabled the terms of the agreement to Peking for formal approval. Dr. Wang stated that this step was perfunrtory, and wan done to forewarn' the Chinese public of the decision about to be announced.

The so-called friends of China seem unable to leave well enough alone, and are raising an outcry over the possibility of the appointment of a Japanese manager of tho railway. They declare that this would change completely the complexion of the settlement, and would put the province under Japan&se domination. — Si CHINESE WIRELESS.

FOREIGN POWERS LIMITED. Australian Mid N.Z. Cablo Association. (Reed. 6,30 p.m.) WASHINGTON, Jan. 28.

It is officially announced that the Far Eastern Committee adopted a resolution governing wireless stations in China, the object of which is to enable the Chinese authorities to restrict unauthorised communications established and maintained there by foreign Governments. ✓

DISQUIETUDE AT HANKOW.

BRITISH MARINES TO LAND. Australian and N.Z. Cable Association.

(Heed. 6.30 p.m.)

NEW YORK, Jan. 28.

It is reported from Peking that British marines are being held in readiness to land at Hankow to protect the Salt Tax Administration Office against seizure by General Wu Pei Fu, who, in consequence of the resignation of Liang Shi Yi, now exercises full power.