The Peking correspondent of the Times announced in Wednesday's paper
that an agreement had been reached 'between China and Japan on five of the questions which have been so long in dispute. There is only one matter outstand- ing, and on this the friendliness of the negotiations points to a rapid settlement. One cannot help concluding that the .stroag threat which Japan recently sent to China during the tedious negotiations over the Antung-Mukden Railway has proved to the Chinese Government that the traditional pro- 'crastination of its diplomacy is not always profitable. No doubt it was difficult for the Regent and the Grand Council to 'come to any arrangement with Japan which would not provoke the Nationalist 'feelings in China that have run so high -during the last few months. But at last the Regent has seen the necessity of accepting whatever risk there may be, and 'the correspondent states that he and the Grand Council hold :themselves responsible for such concessions as China has made to Japan.
