At the opening of the Conference Mr. Tang made a short address. He told of his appointment to come to Shanghai for the Conference, and expressed the hope that it would be successful. He then presented his credentials to Dr. Wu. The latter examined them, and then expressed a similar hope that the Conference would result in great good for China. His credentials were then given to Mr. Tang, and the Conference was begun. Although these assistants were admitted to the meeting they had no voice in its affairs, the two commissioners alone carrying on the discussion. No one of Dr. Wu's assistants was allowed to address Mr. Tang directly, nor were any of Mr. Tang's assistants allowed to {188} address Dr. Wu. Instead they could offer suggestions to their leaders, either by written note or by whispers. Tang Shao-yi expressed his personal readiness to accept Dr. Wu's demands for a Republic, but deferred a definite answer until he had communicated with Yuan Shih K'ai. With the exception of an agreement that the armistice should be extended for a week, ending December 31st, this was the result of the Conference, as told in the official statement given out at the end. The statement, headed "Authentic Account of To-day's Peace Conference," was as follows:-- "1. It is mutually agreed that the armistice should be extended for a period of seven days, i.e., from December 24, 8 a.m., to December 31, 8 a.m. "2. Dr. Wu Ting Fang advocated the necessity of establishing a Republican form of government for China. He believed that China is fully prepared to welcome a new Republic. He said, in substance, as follows: "The people of China will accept no other form of government than a Republic founded upon the will of the people. Since we can appoint delegates to represent us both in the various provincial assemblies and in the National Assembly at Peking, why are we not qualified to elect a President as the Chief Executive of the nation? "The Manchus have shown their utter impossibility to govern the people for 267 years. They must go out. A government may be well likened to a trading company: if the manager through incapacity or dishonesty causes the failure of the concern, he has no business to continue in office. A new manager must be elected by the shareholders. The Republican Party does not intend to drive the Manchus out, nor to ill-treat them. On the contrary, they want to place them on perfect equality with the Chinese, enjoying together the blessings of liberty, equality, and fraternity." The official statement of the day's proceedings, as handed out to the Chinese newspapers, was practically the same as that given to the foreign papers, except that it contained the following additional statement as being made by his Excellency Tang Shao-yi:--