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Foster and Taft and constituted an unconditional pro-
mise to sell the concession at a fixed price.
Mr. Taft was at first opposed to the resale but
was persuaded to sign by Mr. Foster.
The information was volunteered to me this morning
by the Agent that the raising of a loan by China to
buy back the Concession was being opposed by the United
States."
I am keeping the Governor of Hongkong fully
informed on the subject.
4