THE latest advices from China indicate that the Chinese Government is desirous of securing peace. Prince Ching has been received at Peking by the allied forces there, and will assist in the negotiations, while Li Hung Chang has received his credentials from the emperor as a special peace envoy. These credentials have been presented to the powers; but there seems to be a disposition on the part of some of the nations to wait further developments before negotiating with the Chinese Government. Altho Russian troops continue to land in China, Russia continues her preparations for withdrawing her legation and troops from Peking. France has signified her willingness to follow Russia's lead in this matter, and it is reported that the American troops have also been ordered to withdraw. Germany has given no indication of willingness to withdraw, and her position is the same as that of England. There is little to indicate what the course of Japan will be, altho she has declared her intention of demanding territory in China as compensation for her services during the war. Owing to the fact that Japan furnished so much more than her proportionate share of the troops now in China, she is expected to remain there as long as any of the other powers remain. Russia seems very desirous of having all the foreign troops leave the Chinese capital, and in this the Germans and English see a deep design. It is even charged that Russia will receive three Chinese provinces as compensation for inducing the other powers to leave Peking.