10
121
described shall be in accordance with international laws. Art. 12. The Chinese Telegraph Administration having reduced its charges for Shanghai and Hongkong, the tariff for transmission between Shanghai and Hongkong is fixed at 5% on the value of the total number of words passing over the line between Shanghai and Hongkong, calculated on the current rate per word for local messages of the day, that is to say, the traffic revenue is 5%, 95% of which goes to the Great Eastern Extension Company and 5% to the Chinese Telegraph Administration. Service messages are free. Traffic and daily accounts are to be regulated according to the International Telegraph Convention.
Art. 13. All the above articles and agreements shall reciprocally apply to the Chinese line between Canton and Hongkong when connected in Hongkong with the Great Eastern Extension Telegraph Company's line. Art. 14. For the front half of the stone house known as the partner's residence of Russell & Co., facing the Bund, the Great Eastern Extension Telegraph administration will, for the term of lease of 10 years, pay to the Chinese administration a monthly rental of $220 and a half.