| 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.