RUSSIA-JAPAN: Huge Haggle

The Oriental haggle between Russia and Japan over the Chinese Eastern Railway reached the price stage last week. With Russian and Japanese troops massed near the border, the shadow-boxing stage seemed to have ended. The Japanese offered 80,000,000 yen (about $19,000,000). Russia fixed its asking price at 300,000,000 gold rubles (about $153,000,000). Japan was anxious to prolong the haggle as long as possible, believing that the longer Japan waits the cheaper the railway will become. It proposed a three-party commission to meet in Tokyo. On it Russia will have one vote....

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