Show S QUESTION ESTION OF DAMAGE Q Concession Had B Been en Canceled by Chinese Government Oyster BaY Aug was vas an anno no flounced nce here by President Roosevel Roosevelt that the emperor of China China had can ele the rights and concession of the railroad and that as an Indemnity the Chinese government would pay to the owners of the road the American China Do De Development complY company the sum or at 6 S The decision t bide abide b by the naton nation of oC the he ot of China to cancel the franchIse wa was reached at atthe time the conference yesterday esterd between Roosevelt and 11 Mr Morgan Official Statement The announcement was Issued in him the form of the following state mont mon After ful full discussion wih with Mr Mor Morgan Ran gan It was decided to accept the the oror offer of the Chinese government government to pay 67 as s an indemnity t for r tho can of the contract for the tha build lug of the railway The imperial Chinese government hay hav havIns hayIng Ins Ing canceled cancelled time the contrat and U at the same time expressed a ss to topa PU pa any It lef left only the que ques ton of the indemnity and a satisfactory tor tory amount having been offered the stockholders have agreed to accept the terms terms No Alternative S Mr Morgan has with time the administration and every de desire sire Ire to do what American interests In Inthe time the orIent demanded and only con consented consented to the arrangement proposed by the ChInese in view of the fact that the attitude of the Chinese government rendered it ous that there was no other course which he could take tak with due regard to the he interest of the he represented He could no not do de decide dodde cide until lid he had lad laid the fact before the president and the had stated that iS as far as he could sec sea no oth other r course was o open en than to accept the ofer offer |