Monday, Mar. 24, 1924
Celestial Relations
From Moscow it was announced that the celestial republic of China had resumed full diplomatic relations with the Soviet. The draft of the recognition agreement was prepared in Peking by C. T. Wang, Chinese plenipotentiary, and M. Karakhan, Soviet envoy. The outstanding questions to be settled are the status of the Chinese Eastern Railway, over whose right of way Russia is willing to waive sovereignty but desires to share in the road's management, and the Russo-Asiatic Bank, the institution which, under an agreement made in 1920, represents Russia's interest in the railway. A proposal to displace the Bank with regard to the railway called forth a protest from Paris. The Quai d'Orsay (French Foreign Office) reminded China that French citizens owned 60% of the bank stock. Japan also viewed with alarm the decision of China to recognize the red republics federated at Moscow.
Sweden and Danzing also signed recognition agreements with Sovietland.