There is nothing in the present condition of Ma-san-po which suggests that it may become a centre of Russian influence in Southern Korea. The Japanese demanded, even before the incident had quite blown over, a large tract of land at Ma-san-po for the purposes of making a settlement there. In addition to this, the quarter, marked off for foreign settlements, has been almost wholly appropriated by the Japanese, who have erected shops and houses of some importance to the extent of several hundred, upon the more suitable sites. Japanese postal and telegraphic offices have been opened in Ma-san-po, and an uncomfortable hostelry disturbs the rest of the weary. A large permanent staff of Japanese police has been detached for duty in Ma-san-po, and the next feature in the development of affairs will be the detailing of a port guardship and the usual infantry garrison to protect the Japanese settlement. These acts imply a permanent lease and constitute the methods by which the Japanese propose to invalidate the Russo-Korean Convention. The aim of Japanese policy in Ma-san-po is to discount as far as possible the rights of the Russians, and to deprive their existence in the harbour of any special significance. The Russians accept the position with extreme philosophy and indifference. If they wished to do so, they might raise protest after protest against the intrusive character of Japanese action in the areas affected by the clauses of the Agreement of 1900. Twelve months ago the foreign population of Ma-san-po consisted of two hundred and thirty Japanese, forty-one Chinese, eighteen Russians, and two Germans. These figures include male and female heads of population, but no children. The actual strength of the Russian colony in this harbour was eight men, ten women, three children; of the Japanese only seventy-eight were females. There is little import and export traffic. The nearness of Fusan, which is only six hours distant, makes it unnecessary to trade direct with the settlement. Japanese steamers from Fusan call daily, local produce being brought round by native junks. There is a large fishing industry off the harbour; it is, however, quite controlled by Japanese fishermen from Fusan. The principal industry on shore is the construction of the settlement, some little agriculture, and no little gossip.