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and the corrected sum, Kodama was evidently pleased and visibly showed his pleasure by smiling at me.

The Chinese newspaper Kodama showed me contained a proposition I drew up for Viceroy Chang Chi Tung to memorialize the Peking government for adoption in 1894-5, about six months before the signing of the Treaty of Shemonashiki by Viceroy Li Hung Chang. The proposal was to have the Island of Formosa mortgaged to a European Treaty power for a period of ninety-nine years for the sum of $400,000,000 in gold. With this sum China was to carry on the war with Japan by raising a new army and a new navy. This proposition was never carried through, but was made public in the Chinese newspapers, and a copy of it found its way to Kodama's office, where, strange to say, I was confronted with it, and I had the moral courage not only to avow its authorship but also a correction of the amount the island was to be mortgaged for.

To bring the interview to a climax, I said, should like circumstances ever arise, nothing would deter me from repeating the same proposition in order to fight Japan.

This interview with the Japanese governor of