EXCHANGE OF NOTES
Respecting the Terms of Lease of Port Arthur and Dalny and the Terms of South Manchurian and Antung-Mukden Railways.
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, respecting the provisions contained in Article I of the Treaty relating to South Manchuria and Eastern Inner Mongolia, signed this day, the term of lease of Port Arthur and Dalny shall expire in the 86th year of the Republic or 1997. The date for restoring the South Manchuria Railway to China shall fall due in the 91st year of the Republic or 2002. Article 12 in the original South Manchurian Railway Agreement providing that it may be redeemed by China after 36 years from the day on which the traffic is opened is hereby cancelled. The term of the Antung-Mukden Railway shall expire in the 96th year of the Republic or 2007.
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.