onsieur le Ministre,

I have the honour to acknowledge the receipt of Your Excellency's note
of this day's date in which you state.

"The term lease by negotiation contained in Article 2 of the Treaty
respecting South Manchuria and Eastern Inner Mongolia signed this day
shall be understood to imply a long-term lease of not more than thirty
years and also the possibility of its unconditional renewal."

In reply I beg to state that I have taken note of the same.

I avail, etc.,

(Signed) LOU TSENG-TSIANG.

His Excellency,
Hioki Eki,
Japanese Minister.

EXCHANGE OF NOTES RESPECTING THE ARRANGEMENT FOR POLICE LAWS AND
ORDINANCES AND TAXATION IN SOUTH MANCHURIA AND EASTERN INNER MONGOLIA

--Note--

Peking, the 25th day of the 5th month of the 4th year of the Republic of
China.

Monsieur le Ministre,

I have the honour to state that the Chinese Authorities will notify the
Japanese Consul of the police laws and ordinances and the taxation to
which Japanese subjects shall submit according to Article 5 of the
Treaty respecting South Manchuria and Eastern Inner Mongolia signed this
day so as to come to an understanding with him before their enforcement.

I avail, etc.,

(Signed) LOU TSENG-TSIANG.

His Excellency,
Hioki Eki,
Japanese Minister.

--Reply--

Peking, the 25th day of the 5th month of the 4th year of Taisho.

Excellency,

I have the honour to acknowledge the receipt of Your Excellency's note
of this day's date in which you state:

"The Chinese Authorities will notify the Japanese Consul of the Police
laws and ordinances and the taxation to which Japanese subjects shall
submit according to Article 5 of the Treaty respecting South Manchuria
and Eastern Inner Mongolia signed this day so as to come to an
understanding with him before their enforcement."

In reply, I beg to state that I have taken note of the same.

I avail, etc.,

(Signed) HIOKI EKI.

His Excellency,
Lou Tseng-tsiang,
Minister of Foreign Affairs.

--Note--

Peking, the 25th day of the 5th month of the 4th year of the Republic of
China.

Monsieur le Ministre,

I have the honour to state that, inasmuch as preparations have to be
made regarding Articles 2, 3, 4 and 5 of the Treaty respecting South
Manchuria and Eastern Inner Mongolia signed this day, the Chinese
Government proposes that the operation of the said Articles be postponed
for a period of three months beginning from the date of the signing of
the said Trea