THE EAST.

Waimate Daily Advertiser, Volume XXI, 11 January 1922, Page 8

THE EAST.

SUBMARINE RESOLUTIONS ACCEPTED. SHANTUNG RAILWAY CONCESSION TOKYO, January 9. Cabinet accepts the submarine resolutions. It was also decided that in view of the Chinese financial situation and the fact that interest on debts overdue is unpaid Japan cannot concede the transfer of the Shantung railway on the promise to pay, or on payment in cash which is owed elsewhere. IX) AN TERMS MODIFIED. Japan accedes China’s desires tc modify the loan terms to twelve years. COUNTER PROPOSALS EASIER. Pekin reports state that the China Government’s new counter-pfoposals are much modified, but not yet acceptable. China agrees to the dismantling of Vladivostock fortifications, but continues to insist on the Japanese "syithUraival from Saghalien, and refuses navigation rights on the Amur. Japan states that the Saghalien withdraw?! without a settlement for the Nikolaievsk massacre is .impossible.