Mr. Rockhill to Mr. Hay.
(Mr. Rockhill reports that Russia will not at the present moment insist upon considering the eventual raising of the import tariff beyond 5 per cent as reserve guaranty.
In case revenues are insufficient for payments on indemnity, the powers to examine and fix revenues necessary to supply deficiency.
Import dues shall not be excluded from examination.
The British minister is quite satisfied.
This settles the whole of the question of financial measures.
The 450,000,000 taels to be converted into gold at rate of April 1, this year. Increase of import entails abolishment of free list, excepting cereals, but with compensations asked for. Refers to his telegrams of June 11.
All other points satisfactorily settled. A final protocol signed by all parties, probably in a fortnight, will embody the results.)