Show CHINA COMES TO TIMEX TIME-X V Government Has Ordered That Bonds Be rt Governm Je < Prepared for the Payment of the > I V VIndications V V Indemnity Indications Are That the Securities Will kHave a Joint and Several 1 Guaranty One in Accord With American View No Government Govern-ment Will Be Bound for Payment of the Entire Amount of 337000000 2 S 5 V r I V t 4 V London Tunc 6Thc Chinese Government Gov-ernment says the Shanghai corrq spondent of the Dally Express has ordered that bonds be prepared for the payment of the indemnity Washington June C The ISmbassa C rs from most of the European countries coun-tries were In conference with Secretary Hay today mainly because It was diplomatic dip-lomatic day which afforded an opportunity oppor-tunity fOI discussing the stage of the Chinese negotiations Ils understood that the middle ground or modus vlvendl I as it Is being rcforrcd to concerning con-cerning the form of paying the Indemnity In-demnity is likely to be settled by 0 Joint and Several guaranty This will b e in complete accord with the American cOIJlete can view jihat there should be no joint guaranty J1at tho sense of binding each Government to securing the payment of the entire 337000000 I will he joint however In the formal aspect of being executed by all of the powers jointly at the panic tlnie and probably by h the same Instrument This Instrument Instru-ment doubtless will Include a provision pro-vision by which each Government is i to assume no liability beyond the amount of Its own share of the Indemnity whlch in the case of the United States is limited to 25000000 V In answer to his inquiry Special Commissioner Rockhill at Peking has been Informed that the United States 1 Government has not taken steps recently re-cently looking to the abatement Its claims for Indemnity against China by onehalf regardless of the action of other powers Some time ago the Government Gov-ernment proposed through Mr Rock hill that all of the powers scale down their claims O per c < ntso as to bring the total of the Indemnity within I Chinas ability to pay Though this proposition ailed of acceptance our Govcrnmcn left Mi Pockplll under Instructions to lose no V opportunity 10 Secure < reduction of tho claim but it lias never signified a disposition to refuse to accept the full amount o our indemnity the other powers regardless c of the action of I |