Show REACH AGREEMENT ON CHINESE CI CONSORTIUM COl Washington Ma May I S. S Japan Japan has withdrawn all objections to the Chinese Chi Chi- nese rese consortium and has prepared a a a. communication accepting tho the terms as aj asa agreed a upon by b the United States Great Britain and France the state slate department was informed by b the American embassy at Toldo Tokio Tho The consortium will become effective tive tI as soon as tho the signatures sh natures of or officials official's off off- cial's have lla been affixed The Tho acceptance of or tho the consortium years years' cars effort by bythe bythe bythe by br Japan ends a two to the state department to provide pro for tor forthe tho the financing of China by representative tive tI groups of at bankers In each of at tho the four great countries Japan has contended contended contended con con- tended that Manchuria and Mongolia should be excluded from the tho operation of ot the tho consortium claiming that It had predominant rights In that territory terri tern Tho The United United United Unit Unit- tory tor because of at proximity ed States however howo refused to agree grec to this exclusion The Tho terms of or the tl consortium are arc general and each each- negotiation under it will vill bo ho taken up separately separate Japan will ihl havo have the right to object to loans for tor an any work she KUO feels foels will j Jeopardize her bier national life liCe or vitally affect her sovereignty so Under this head It Is Issal sal said ma may be Included the construction of ot railways In certain sections of China Chi Chi- na particularly Manchuria Tho The amount of at money moncy to be loaned under tho the consortium has not been es estimated es- es but the advance soon advance soon of or 50 for Cor railway and other 50 1 construction construction con con- and betterment is expected |