Note 15 — Chapter V · SHANGHAI TO HANKOW (HANKAU)

Concession is not, as is supposed by many, a synonym for settlement. A concession is a piece of land leased by the Queen’s Government and let to Western merchants, a stipulation being made that the land is not to be sub-let to Chinese, while a settlement is an area within which Europeans may lease land directly from the native proprietors. In both cases the Queen’s Government stipulates for the right of policing and controlling the land, and delegates it to a council of resident merchants.