Mr. Rockhill to Mr. Hay.

[Telegram.—Paraphrase.]

(Mr. Rockhill reports that reply of China to the note referred to in his telegram of the 7th instant has been received, proposing yearly payments of 15,000,000 taels, of which 10,000,000 from the gabelle, 3,000,000 from native customs, and 2,000,000 from the likin; maritime customs to see that the monthly payments are regularly made into authorized banks, which would transmit proportion to each power; payments to commence July, 1902.

China begs the powers to reduce the amount and to agree to increase by one-third the present tariff; refers to extreme financial embarrassments which must result.)