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118 (3) Imperial Hotels, Ltd. Tokio. (Imperial Hotel & Villa, and Metropole Hotel.) CARL FLAIG, Gen. Manager. Imperial Hotel & Villa. spot cash only. I looked the collection through hastily and found besides much rubbish, enough good to make me risk the ten thousand first wired for, before I actually bought a piece. I realized the hazard to both my purse and reputation as a critic,which would naturally follow my going into such a game [[strikethrough]] wit [[/strikethough]] without an adviser like Prof. Fenollosa behind my back. However, I believed the game a big one and worth the risk of $10.000 --- Canfield's games of old days were a hundred times safer - so I went at it as strongly as I could. I found ten thousand dollars would not satisfy my desire so I wired you for five thousand more and received it promptly - by the way the International people were most kind and thoroughly business-like on both occasions. They have a fine lot of bright young men and splendid offices under a capable Manager named Green, formerly of the Hongkong, Shangai Bank. Mighty little of the fifteen thousand is left and the "spoils" 151b