HAXALL'S LANDING, ON JAMES RIVER, July 22, 1882.

The undersigned, having been commissioned by the authorities they respectively represent to make arrangements for a general exchange of prisoners of war, have agreed to the following articles:

ARTICLE I.—It is hereby agreed and stipulated, that all prisoners of war, held by either party, including those taken on private armed vessels, known as privateers, shall be exchanged upon the conditions and terms following:

Prisoners to be exchanged man for man and officer for officer. Privateers to be placed upon the footing of officers and men of the navy.

Men and officers of lower grades may be exchanged for officers of a higher grade, and men and officers of different services may be exchanged according to the following scale of equivalents:

A General-commanding-in-chief, or an Admiral, shall be exchanged for officers of equal rank, or for sixty privates or common seamen.

A Commodore, carrying a broad pennant, or a Brigadier General, shall be exchanged for officers of equal rank, or twenty privates or common seamen.

A Captain in the Navy, or a Colonel, shall be exchanged for officers of equal rank, or for fifteen privates or common seamen.

A Lieutenant Colonel, or Commander in the Navy, shall be exchanged for officers of equal rank, or for ten privates or common seamen.

A Lieutenant, or a Master in the Navy, or a Captain in the Army or marines shall be exchanged for officers of equal rank, or six privates or common seamen.