Show S FOR arbitration would have differences ot of japs and Ras russians settled by uninterested parties plan will be presented to the czar and the mikado with a possibility of its iti ultimate acceptance portsmouth N 11 II the chances ot of peace have undoubtedly been im fan proved by president eve I 1 ts action in stepping into the breach in a last endeavor to induce the warring a 9 countries coal to compromise their irre differences but bat the result Is still ju in suspense the ultimate decision of 0 the tha conference has passed to st petersburg and in perhaps a lesser extent to takla although Altho tigh there are collateral evidences that pressure both by president roosevelt and neutral powers including japans ally great britain whose minister sir claude macdon aid according to a dispatch received here led a long conference sunday afternoon with mr air katsura the japanese premier la 14 still being exer exerted tei at takla to induce japan to moderato moderate her demands there la Is also reason to believe that president roosevelt was able at his interview with ith baron de rosen to practically communicate to the lat lattora latt cra senior M witte jap ans irreducible minimum min lanum what stan would yield but the point beyond alch she would not go the feature of the ot at president poosevelt Koo Roo sevelt Revelt comman communicated through baron rosen to al WI eltta tto and by the latter to emperor nicholas was wag based on the principles of arbitration whether the president contemplates arbitration of all of the articles on which the plenipotentiaries havo have failed to agree or only on the question of indemnity or to indemnity and the cession of the island of sakhalin Sak halin la Is not announced |