Mr. Portman to Mr. Seward.

No. 13.]

Sir: I have the honor to transmit herewith, No. 1, copy of a memorandum signed on the 4th instant, relative to the remittance to London of the first instalment of five hundred thousand dollars ($500,000) of the Simonoseki indemnity, at the fixed British official rate of exchange of four shillings and three pence per dollar, producing in sterling money one hundred and six thousand and two hundred and fifty pounds, (£106,250.)

Copy of the correspondence on the subject of the division of this indemnity money with Mr. Bigelow at Paris has been shown me by the British minister, and, in view also of the unanimous opinion of the representatives of Great Britain, France, and the Netherlands, I readily assented to the transfer of the amount named to the British treasury in London, where it will be held subject to the conjoint order of the four powers who were represented in the convention of the 22d October, 1864.

I transmit herewith, No. 2, copy of the joint letter addressed to the managers of the Oriental Bank Corporation, and of the chartered Mercantile Bank of India, London, and China, at Yokohama. The transfer to her Britannic Majesty’s commissariat chest of the amount named has now, I learn, been made by those two branch banks.

At any moment I may receive the receipt for the full amount from her Britannic Majesty’s commissariat at Yokohama, in time, I hope, for transmission by this mail.

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

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

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

[Memorandum.]

The undersigned, representatives of Great Britain, France, the United States of America, and the Netherlands, having considered the communications that have passed between their respective governments, at London, Paris, and the Hague, relative to the mode in which the first instalment of the Simonoseki indemnity, amounting to five hundred thousand dollars, which was received from the Japanese government by the undersigned on the 4th of September last, should be remitted to Europe, are of opinion that the proposal of her Britannic Majesty’s government that this sum should be paid into the British commissariat chest, at Yokohama, and that its equivalent in sterling money should be held available by her Majesty’s treasury in London, for distribution among the four powers, is unobjectionable, and may be adopted with advantage to the interests of their respective governments.

They therefore approve of the transfer of this sum from the Yokohama branch banks of the Oriental Bank Corporation and the chartered Mercantile Bank of India, London and [Page 202] China, to the British commissariat chest, at the British official rate of exchange of four shillings and three pence per dollar, the equivalent of the said sum in sterling money being accordingly one hundred and sixty thousand and two hundred and fifty pounds, (£160,250.)


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

LEON ROCHES, Ministre Plenipotentiare de S. M. l’Empereur du Français an Japon.

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

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