[Extract.]

Mr. Portman to Mr. Seward

No. 50.]

Sir: I have the honor to transmit herewith a copy of a memorandum, signed yesterday, acknowledging the receipt from the government of the Tycoon of the sum of five hundred thousand (500,000) dollars, as the first instalment of the indemnity payable under the convention of the 22d October, 1864.

As stated in my despatch No. 48, of the 22d ultimo, this amount has been placed, in equal sums of two hundred and fifty thousand (250,000) dollars each, in the chartered Oriental and chartered Mercantile Banks, both at Yokohama, subject to the conjoint order of the four powers represented in the aforesaid convention. * * * * * * * *

I have the honor to be, sir, very respectfully, your most obedient servant,

A. L. C. PORTMAN, Charge d’Affaires ad interim in Japan.

Hon. William H. Seward, Secretary of State, Washington.

Memorandum.

The undersigned, representatives of Great Britain, France, the United States, and the Netherlands, hereby acknowledge to have received from the government of the Tycoon the sum of five hundred thousand dollars as the first instalment of the indemnity payable to the aforesaid four powers, under the convention of the 22d of October, 1864.

The government of the Tycoon having applied in April last to the aforesaid representatives for an extension of time in respect to the payment of the second instalment of the said indemnity, the aforesaid representatives have submitted that application to the consideration of their respective governments, and now await instructions on the point. The payment of the instalment is entirely independent of that application; but to prevent the possibility of misunderstanding it is hereby distinctly declared that the receipt of the aforesaid sum of five hundred thousand dollars does in no degree affect the right of the aforesaid four powers to require, if they see fit to do so, from the government of the Tycoon the punctual payment of the whole indemnity in quarterly instalments in the manner stipulated in the aforesaid convention.

HARRY S. PARKES, H. B. M.’s Envoy Extraordinary and Minister Plenipotentiary in Japan.

LEON ROCHES, Ministre Plenipotentiaire de sa Majestie France au Japan.

A. L. C. PORTMAN, Chargé d’ Affaires ad interim of the United States in Japan.

D. DE GRAEFF VAN POLSBROEK, H. N. M.’s Political Agent and Consul General in Japan.