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McClure's Magazine, Vol. XXXI, September 1908, No. 5

Note 9 — THE ROYAL TIMBER COMPANY

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Asakawa, who seems to have investigated this matter carefully, says that the original contract for this concession dated as far back as August 26, 1896, when the Korean king was living in the Russian legation at Seoul as a refugee.—"The Russo-Japanese Conflict," by K. Asakawa, London, 1905, p. 289.

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