1. The Chinese Government agrees that hereafter when a foreign
loan is to be made on the security of the taxes of Eastern Inner
Mongolia, China must negotiate with the Japanese Government first.
2. The Chinese Government agrees that China will herself provide
funds for building the railways in Eastern Inner Mongolia; if
foreign capital is required, she must negotiate with the Japanese
Government first.
3. The Chinese Government agrees, in the interest of trade and for
the residence of foreigners, to open by China herself, as soon as
possible, certain suitable places in Eastern Inner Mongolia as
Commercial Ports. The places which ought to be opened are to be
chosen, and the regulations are to be drafted, by the Chinese
Government, but the Japanese Minister must be consulted before
making a decision.
4. In the event of Japanese and Chinese desiring jointly to
undertake agricultural enterprises and industries incidental
thereto, the Chinese Government shall give its permission.
GROUP III
The relations between Japan and the Hanyehping Company being very
intimate, if those interested in the said Company come to an
agreement with the Japanese capitalists for co-operation, the
Chinese Government shall forthwith give its consent thereto. The
Chinese Government further agrees that, without the consent of the
Japanese capitalists, China will not convert the Company into a
state enterprise, nor confiscate it, nor cause it to borrow and
use foreign capital other than Japanese.
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