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(5%) of the total number of seals on the Japanese rookeries and hauling grounds will be killed annually, provided that said five per cent. (5%) does not exceed eighty-five per cent. (85%) of the three-year-old male seals hauling in such year.

If, however, the total number of seals frequenting the Japanese islands in any year falls below six thousand five hundred (6,500) enumerated by official count, then the allowance of skins mentioned above and all killing of seals except such as may be necessary for the support of the natives on the islands may be suspended until the number of such seals again exceeds six thousand five hundred (6,500) enumerated in like manner.

ARTICLE XIV.

It is agreed on the part of Great Britain that in case any seal herd hereafter resorts to any islands or shores of the waters defined in Article I subject to the jurisdiction of Great Britain, there shall be delivered at the end of each season during the term of this convention ten per cent. (10%) gross in number and value of the total number of sealskins annually taken from such herd to an authorized agent of the United States Government, ten per cent (10%) gross in number and value of the total number of sealskins annually taken from such herd to an authorized agent of the Japanese Government, and ten per cent. (10%) gross in number and value of the total number of sealskins annually taken from such herd to an authorized agent of the Russian Government.

ARTICLE XV.

It is further agreed between the United States and Great Britain that the provisions of this convention shall supersede, in so far as they are inconsistent therewith or in duplication thereof, the provisions of the treaty relating to the fur seals, entered into between the United States and Great Britain on the 7th day of February, 1911.

ARTICLE XVI. This convention shall go into effect upon the 15th day of December, 1911, and shall continue in force for a period of fifteen (15) years from that date, and thereafter until terminated by twelve (12) months' written notice given by one or more of the parties to all of the others, which notice may be given at the expiration of fourteen years or at any time afterwards, and it is agreed that at any time prior to the termina

tion of this convention, upon the request of any one of the high contracting parties, a conference shall be held forthwith between representatives of all the parties hereto, to consider and if possible agree upon a further extension of this convention with such additions and modifications, if any, as may be found desirable.

ARTICLB XVII.

This convention shall be ratified by the President of the United States, by and with the advice and consent of the Senate thereof, by His Britannic Majesty, by His Majesty the Emperor of Japan, and by His Majesty the Emperor of all the Russias; and ratifications shall be exchanged at Washington as soon as practicable.

In faith whereof, the respective plenipotentiaries have signed this convention in quadruplicate and have hereunto affixed their seals.

Done at Washington the 7th day of July, in the year one thousand nine hundred and eleven.

CHARLES NAGEL

[SEAL] CHANDLER P. ANDERSON (SEAL] JAMES BRYCE

(SEAL] JOSEPH POPE

SEAL Y. UCHIDA

SEAL) H. DAUKE

[SEAL] P. BOTKINE

[SEAL] NOLDE

[SEAL]

CONVENTION BETWEEN THE UNITED STATES AND HONDURAS CONCERNING

A HONDURAN LOAN.1

Signed at Washington, January 10, 1911.

[Unratified at the date of publication in the JOURNAL.] The Government of Honduras having indicated the desirability of cooperation on the part of the United States for the refunding of its debt and the placing of its finances upon that sound and stable basis recognized as indispensable to assure strength and security of governmental administration, the meeting of foreign obligations, and the tranquillity,

1 Confidential Executive C, 61st Cong., 3d Session.

prosperity, and progress of the country; and the Government of the United States, animated by a desire to promote the peace and prosperous development of all the Central American countries, and appreciating the wish of Honduras to contribute to such development by establishing on a firm footing its own material strength; and it being recognized as necessary, in view of the present conditions of Honduranean finances and resources, that, to afford efficient and legitimate security and to obtain the special benefits sought, the governments concerned should assume a special relation thereto; and the two governments being convinced that some contract should be negotiated and concluded between the Government of Honduras and some competent and reliable American banking group, said contract to afford a beneficial, just, and equitable accomplishment of the purposes in question, have, with these objects in view, named as their plenipotentiaries :

The President of the United States of America, Philander C. Knox, Secretary of State of the United States; and

The President of Honduras, Juan E. Paredes, envoy extraordinary and minister plenipotentiary of the Republic of Honduras on special mission;

Who, having communicated to each other their respective full powers, found in good and due form, have agreed upon the following:

ARTICLE I. The Government of Honduras undertakes to make and negotiate a contract providing for the refunding of its present internal and external debt and the adjustment and settlement of unliquidated claims, for the placing of its finances upon a sound and stable basis, and for the future development of the natural and economic resources of that country. The Governments of the United States and Honduras will take due note of all the provisions of the said contract when made, and will consult, in case of any difficulties, with a view to the faithful execution of the provisions of said contract, in order that all the benefits to Honduras and the security of the loan may at the same time be assured.

ARTICLE II.

The loan which shall be made by the Government of Honduras pursuant to the above undertaking shall be secured upon the customs of Honduras, and the Government of Honduras agrees not to alter the import or export customs duties, or other charges affecting the entry, exit,

or transit of goods, during the existence of the loan under the said contract, without consultation and agreement with the Government of the United States.

ARTICLE III. A full and detailed statement of the operations under this contract shall be submitted by the fiscal agent of the loan to the Department of State of the United States and to the minister of finance of the Govern:nent of Honduras at the expiration of each twelve months, and at such other times as may be requested by either of the two governments.

ARTICLE IV. The Government of Honduras, so long as the loan exists, will appoint from a list of names to be presented to it by the fiscal agent of the loan and approved by the President of the United States of America, a collector general of customs, who shall administer the customs in accordance with the contract securing said loan and will give this official full protection in the exercise of his functions. The Government of the United States will in turn afford such protection as it may find requisite.

ARTICLE V. This convention shall be ratified and the ratifications hereof shall be exchanged at Tegucigalpa as soon as possible.

In faith whereof the respective plenipotentiaries have signed the present convention in the English and Spanish languages and have hereunto affixed their scals.

Done in duplicate, at Washington, this tenth day of January, one thousand nine hundred and eleven.

PHILANDER C. Knox. [SEAL.]
JUAN E. PAREDES. [SEAL.]

AGREEMENT OF ALLIANCE BETWEEN THE UNITED KINGDOM AND JAPAN.1

Signed at London, July 13, 1911.

PREAMBLE.

The Government of Great Britain and the Government of Japan, having in view the important changes which have taken place in the situa

1 Great Britain, Treaty Series, 1911, No. 18.

tion since the conclusion of the Anglo-Japanese agreement of the 12th August, 1905, and believing that a revision of that agreement responding to such changes would contribute to general stability and repose, have agreed upon the following stipulations to replace the agreement above mentioned, such stipulations having the same object as the said agreement, namely;

(a) The consolidation and maintenance of the general peace in the regions of Eastern Asia and of India;

(b) The preservation of the common interests of all Powers in China by insuring the independence and integrity of the Chinese Empire and the principle of equal opportunities for the commerce and industry of all nations in China ;

(c) The maintenance of the territorial rights of the high contracting parties in the regions of Eastern Asia and of India, and the defense of their special interests in the said regions :

ARTICLE I.

It is agreed that whenever, in the opinion of either Great Britain or Japan, any of the rights and interests referred to in the preamble of this agreement are in jeopardy, the two governments will communicate with one another fully and frankly, and will consider in common the measures which should be taken to safeguard those menaced rights or interests.

ARTICLE II.

If by reason of unprovoked attack or aggressive action, wherever arising, on the part of any Power or Powers, either high contracting party should be involved in war in defence of its territorial rights or special interests mentioned in the preamble of this agreement, the other high contracting party will at once come to the assistance of its ally, and will conduct the war in common, and make peace in mutual agreement with it.

ARTICLE III.

The high contracting parties agree that neither of them will, without consulting the other, enter into separate arrangements with another Power to the prejudice of the objects described in the preamble of this agreement.

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