The Peace Treaty

Waihi Daily Telegraph, Volume V, Issue 1434, 19 September 1905, Page 2

The Peace Treaty

rraiisferred Railway and

Collieries

Worth Eitjiity Millions

The Mineral Wealth of Saghallen Press Association.—Copyright. London, September 18 ' Mil DENISON, legal adviser to the Japanese Foreign Office, valueß the railway transferred to Japan at 30 million sterling, and the YontaiFuahan' colleries at 50 millions sterling.

Japan, he says, will soon exploit the enormous mineral wealth of Saghalien, with a result that will altogether b3 worth far more than the proposed indemnity,

Official Corruption in Japait

Sensational Discovery

TOKIO, September 18 A discovery that the .Japanese naval paymaster has embezzled £33,000 has created great distrust, esppcially since the frauds were, proceeding duriug the whole year;

New Russian Fleet 1

To be Ready In Five Years

DERIiiN, September 18

German advices from St. Petersburg state that 20 million sterling aro to be appropriated toward? the 'reconstruction of the Russian navy, and that the new fleet Will be ready in five years.