Henry George Charles Perry-Ayscough

“ Russia is a virile race, possessing a country with endless resources. Her merchants are constantly seeking new ground where profits are large and easily obtained. It would be fatal to Great Britain to allow Russia to further increase her influence in Tibet.
The relations of the Russians with the Mongols compare very favourably with those that have always existed between Chinese and Mongols. ”

“ Education, it is feared, would so contradict the absurd teachings of the Lamas as to make them antagonistic, and a force sufficiently strong to counteract the Lamas' power is thought to be the only method. ”

“ Henceforth transactions on credit shall be allowed only with the knowledge and permission of official institutions; without such permission no claims shall be examined by Government Institutions. Should such agreements have been entered into before the conclusion of the present treaty, and should the parties thereto be unable to settle matters amicably, while the loss suffered is great, the payment of such debts may be enforced by the said institutions, but in no case shall the debts concern the Shabinars and Hoshuns. ”

“ Whereas Mongolia and Tibet, having freed themselves from the Manchu dynasty and separated themselves from China, have become independent States, and whereas the two States have always professed one and the same religion, and to the end that their ancient mutual friendships may be strengthened: on the part of the Government of the Sovereign of the Mongolian people—Nikta Biliktu da Lama Rabdan, acting Minister of Foreign Affairs and Assistant Minister General and Manlai Caatyr Bei-Tzu Damdinsurun ”

“ With a railway from Verhne Udinsk to Kiachta, Kiachta to Urga, and from Urga across the Gobi Desert to join up with an extension of the Peking-Kalgan Railway to the west at Kweihua-Cheng, trade possibilities will arrive for the employment of much capital and commercial enterprise. ”

“ Both States, the Mongolian and the Tibetan, shall henceforth, for all time, afford each other aid against dangers from without and from within.
Article 5
Both States, each on its own territory, shall afford mutual aid to their subjects, travelling officially and privately on religious or on State business.
Article 6
Both States, the Mongolian and the Tibetan, shall, as formerly, carry on mutual trade in the produce of their lands,—in goods, cattle, etc., and likewise open industrial institutions. ”

“ This company so far has merely scratched the mineral wealth in one small area of the Yero River, and the country cries out for capital and enterprising men to undertake the development of gold, silver, coal, and lead, that abound in the northern valleys. ”