ght to ask to be thus employed.

9. The loan shall be paid over in three instalments. The first
instalment will be 400,000 yen, the second instalment ... yen and
the third instalment ... yen. After the first instalment is paid
over, Okura who advances the loan shall have the right to appoint
men to supervise the expenditure of the money.

10. The Japanese shall undertake to deliver all arms and ammunition
in the Districts of Jih Chao and Haichow (in Shantung and Kiangsu,
South of Kiaochow).

11. The payment of the first instalment of the loan shall be made
not later than three days after the signing of this Agreement.

12. All the employed Japanese Military officers and Japanese
volunteers are in duty bound to obey the orders of the Commander of
the revolutionary army.

13. The Commander of the revolutionary army shall have the right to
send back to Japan those Japanese military officers and Japanese
volunteers who disobey his orders and their passage money shall not
be paid if such decision meets with the approval of three or more of
the Japanese who accompany the revolutionary force.

14. All the commissariat departments in the occupied territory must
employ Japanese experts to co-operate in their management.

15. This Agreement takes effect immediately it is signed by the two
parties.

The foregoing fifteen articles have been discussed several times
between the two parties and signed by them in February. The first
instalment of 400,000 yen has been paid according to the terms of
this Agreement.

LOAN AGREEMENT MADE BETWEEN THE REVOLUTIONARY PARTY REPRESENTED BY
CHANG YAO-CHING AND HIS ASSOCIATES OF THE FIRST PART AND KAWASAKI
KULANOSKE OF THE SECOND PART

1. The Europe and Asia Trading Company undertakes to raise a loan of
500,000 yen. After the Agreement is signed and sealed by the
contracting parties the Japanese Central Bank shall hand over 3/10
of the loan as the first instalment. When Chang Yao-Ching and his
associates arrive at their proper destination the sum of 150,000 yen
shall be paid over as the second instalment. When final arrangements
are made the third and last instalment of 200,000 yen shall be paid.

2. When money is to be paid out, the Europe and Asia Trading Company
shall appoint supervisors. Responsible individuals of the
contrac