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The President of the Technical Board (Stevens) to the Secretary of State

Japanese will have 50,000 troops left in Vladivostok district after Habarovsk evacuation completed, of which they say they will send 15,000 to Japan but do not fix the date latter movement; 8,500 fresh troops landed last week. Vladivostok government practically collapsed. Rouble quoted 1,300 per yen. Russians there are completely cowed. Real estate values gone to smash. Japanese buying heavily. …

Stevens