|Locality               |District                 |Mineral
|                       |                         |
|1.  Niu Hsin T’ai       |Pen-hsi                  |Coal
|2.  Tien Shih Fu Kou    |Pen-hsi                  |Coal
|3.  Sha Sung Kang       |Hai-lung                 |Coal
|4.  T’ieh Ch’ang        |Tung-hua                 |Coal
|5.  Nuan Ti T’ang       |Chin                     |Coal
|6.  An Shan Chan region |From Liaoyang to Pen-hsi |Iron

KIRIN (Southern portion)

|1.  Sha Sung Kang       |Ho-lung                  |C. & I.
|2.  Kang Yao            |Chi-lin (Kirin)          |Coal
|3.  Chia P’i Kou        |Hua-tien                 |Gold

“I avail, etc.,

(Signed) “HIOKI EKI.”

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

EXCHANGE OF NOTES RESPECTING RAILWAYS AND TAXES 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,

In the name of my Government.

I have the honour to make the following declaration to your
Government:—­

China will hereafter provide funds for building necessary railways in South Manchuria and Eastern Inner Mongolia; if foreign capital is required China may negotiate for a loan with Japanese capitalists first; and further, the Chinese Government, when making a loan in future on the security of the taxes in the above-mentioned places (excluding the salt and customs revenue which has already been pledged by the Chinese Central Government) may negotiate for it with Japanese capitalists first.

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 respecting railways and taxes in South Manchuria and Eastern Inner Mongolia in which you stated: 

“China will hereafter provide funds for building necessary railways in South Manchuria and Eastern Inner Mongolia; if foreign capital is required China may negotiate for a loan with Japanese capitalists first; and further, the Chinese Government, when making a loan in future on the security of taxes in the above mentioned places (excluding the salt and customs revenue which has already been pledged by the Chinese Central Government) may negotiate for it with Japanese capitalists first.”

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

I avail, etc.,

(Signed) HIOKO EKI.

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

EXCHANGE OF NOTES RESPECTING THE EMPLOYMENT OF ADVISERS IN SOUTH
MANCHURIA