Rensselaer Journal, Volume 11, Number 8, Rensselaer, Jasper County, 1 August 1901 — AGREE AS TO INDEMNITY. [ARTICLE]

AGREE AS TO INDEMNITY.

China to Pay Bam or 450,000,000 Tael* to Powers. A memorable meeting of the ministers was held in PekinCFriday, it being announced thereat eleven governors had agreed that the indemnity to be paid by China should be 450,000,000 taels, and that the security would be the salt tax, the native customs and an increase in the maritime customs, to an effective 5 per cent The principal of the Chinese loan to pay the indemnities will be payable in 1940. The total payments of principal and interest will be 1,000,000,000 taels. Chinese bonds will be accepted at 4 per cent. The individual claims have not yet been determined. A full protocol for the signatures of the ministers is now being prepared. It is hoped to have it completed in time for its signing by Mr. Rockhill, the American special commissioner, and M. de Glers, the retiring Russian minister.