Just one month later April 12th N. Matunine relieved Mr. de Speyer, the Russo-Korean bank closed its doors, the Russian military and other officers took their departure and a very strained situation was relieved for the time being. At about the same time Dr. Jaisohn was paid off and left the country, the management of the _Independent_ falling into other hands. This event was important as strowing the hopeless state into which the Independence Club and all other friends of progress had fallen. From this time on the tone of the club grew steadily more petulant. The older men in it who saw that the time was not ripe for reform withdrew and left the management of the club and the determination of its policy in the hands of younger men who had not the experience necessary for the handling of such affairs; and although in Yun-Chi-ho, the president of the Club, it had a clear-headed and devoted man he was not able to control the young blood that had begun to run with something too feverish a course in the veins of the society. The excited state of the public mind is proved by the fact that several other daily and weekly periodicals sprang up, debating societies flourished and people began to talk about things. The conservations laid all these things up against the Independence Club and awaited their time. The summer of this year furnished Seoul with some excitement in the shape of a discovered conspiracy to force the King to abdicate, place the Crown Prince on the throne and institute a new era in Korean history. The plot, if such it may be called, was badly planned and deservedly fell through. It was one of the foolish moves called out by the excitement engendered in the Independence movement. An Kyŭng su, ex-president of the Independence Club, was the party mainly implicated and he saved himself only by promptly decamping and putting himself into the hands of the Japanese.