The."Kokumin's" foreign correspondent at Portsmouth, N.H., re-'Potts that the situation has undergone 'a decisive "change, since the peisorial niessenger from 'President Roosevelt has had a' conference with Mr. de; Witte'and Baron Rose 'Preident Roosevelt proposes the settlement of the disputed points' by a reference to five persons of ''céle~ prity.—Owr own correspondent, London via Bombay, 24th August.
The conference met yesterday, but nothing: has been disclosed.
Tt-is known: that. President Roosevelt's proposal consists in /Russia's repurchasing all or pat: of Saghalien for a sum to be determined hereafter, if the belligerents disagree. This, together with a: payment from: China for the cession of: the railway, and the payment from Russia for. the. maintenance of- the prisoners, will equal Japan's total war costs.—Reuter.
Later, The conference has adjoutnéd to Saturda:.de Witte being desir. ous to reler to" St. Petersburg th Japanese'compromise asking Russia to repurchase half Saghalien fir
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