In this paper, we discuss the following conjecture raised by Baum and
Douglas: For any first order elliptic differential operator D on a smo
oth manifold nil with boundary partial derivative M, D possesses a (lo
cal) elliptic boundary condition if and only if partial derivative[D]
= 0 in K-1(partial derivative M), where [D] is the relative K-cycle in
K-0(M, partial derivative M) corresponding to D. We prove the ''if''
part of this conjecture for dim(M) not equal 4, 5. 6, 7 and the ''only
if'' part of the conjecture for arbitrary dimension.