As Lieutenant Murphy would later confide, the prospects for a swift, neat, potentially lucrative revolution had struck them as so very certain that they were thinking of resigning their commissions forthwith and “assisting in its consummation.” Their plan was to approach J. P. Morgan for the necessary financing. For bringing the revolution off, their fee was to be $100,000 each, a fair cut they believed of the $10,000,000 the United States was to turn over to Panama. That their reconnaissance had been no chance or casual assignment is borne out by a subsequent written report, which includes
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