The concessions of the privy councilors greatly disappointed the Japanese people, who had been somewhat flushed by their unexpected victories over the mighty foe. The popular dissatisfaction, intensified by local conditions, broke out in an open riot on the streets of Tōkyō on September 5-7. In Russia, also, the treaty was not received with unmixed joy even by the peace-loving peasants, for although peace was welcome, the war and consequently the results of its failure, which were embodied in the terms of the treaty, were considered by them as unnecessary and ignominious. The sovereigns of both powers, however, ratified the treaty on October 14. The following is the English version of this memorable document:
"The Emperor of Japan on one part and the Emperor of All the Russias on the other part, animated by a desire to restore the blessings of peace to their countries, have resolved to conclude a treaty of peace and have for this purpose named their plenipotentiaries, that is to say, for his Majesty the Emperor of Japan, Baron Komura Jutarō Jusami, Grand Cordon of the Imperial Order of the Rising Sun, his minister of foreign affairs, and his Excellency Takahira Kogorō, Imperial Order of the Sacred Treasure, his minister to the United States, and, for his Majesty the Emperor of All the Russias his Excellency Serge Witte, his secretary of state and president of the committee of ministers of the empire of Russia, and his excellency Baron Roman Rosen, master of the imperial court of Russia, his Majesty's ambassador to the United States, who, after having exchanged their full powers, which were found to be in good and due form, have concluded the following articles:
"Article One—There shall henceforth be peace and amity between their majesties the Emperor of Japan and the Emperor of All the Russias and between their respective States and subjects.
"Article Two—The Imperial Russian Government, acknowledging that Japan possesses in Korea paramount political, military and economical interests, engages neither to obstruct nor interfere with measures for guidance, protection, and control which the Imperial Government of Japan may find necessary to take in Korea. It is understood that Russian subjects in Korea shall be treated in exactly the same manner as the subjects and citizens of other foreign powers, that is to say, they shall be placed on the same footing as the subjects and citizens of the most favored nation. It is also agreed, in order to avoid causes of misunderstanding, that the two high contracting parties will abstain on the Russian-Korean frontier from taking any military measure which may menace the security of Russian or Korean territory.
"Article Three—Japan and Russia mutually engage:
"First—To evacuate completely and simultaneously Manchuria, except the territory affected by the lease of the Liao-tung peninsula, and in conformity with the provisions of the additional Article One annexed to this treaty, and,
"Second—To restore entirely and completely to the exclusive administration of China all the portions of Manchuria now in occupation or under the control of the Japanese or Russian troops, with the exception of the territory above mentioned.
"The Imperial Government of Russia declare that they have not in Manchuria any territorial advantages or preferential, or exclusive concessions in the impairment of Chinese sovereignty, or inconsistent with the principle of equal opportunity.
"Article Four—Japan and Russia reciprocally engage not to obstruct any general measures common to all countries which China may take for the development of the commerce or industry of Manchuria.
"Article Five—The Imperial Russian Government transfers and assigns to the Imperial Government of Japan, with the consent of the Government of China, the lease of Port Arthur, Ta-lien, and the adjacent territory and territorial waters, and all rights, privileges, and concessions connected with or forming part of such lease, and they also transfer and assign to the Imperial Government of Japan all public works and properties in the territory affected by the afore mentioned lease. The two contracting parties mutually engage to obtain the consent of the Chinese Government mentioned in the foregoing stipulation. The Imperial Government of Japan on their part undertake that the proprietary rights of Russian subjects in the territory above referred to shall be perfectly respected.