Mr. Hay to Mr. Cambon.
Washington , June 12, 1899 .
Excellency: Referring to your note of March 29 last, and mine in reply of April 20, in relation to the question of the extension of the French concession and the general foreign settlement at Shanghai, I have the honor to inform you that the Government of the United States withdraws its opposition to the proposed extension of the French concession at Shanghai, upon the condition, however, that the French Government will guarantee to the United States full extraterritorial rights over any American-owned property which may be, at the date of this assent, situated in the territory that is to be added to the French concession, as well as over the American owners of such property.
Accept, etc.,