Variable read error? Multiple spaces

Thu Apr 27 23:32:00 GMT 2006

Hi. After I try to read the contents of a file containing 
multiple spaces into a bash variable, only one space is seen 
in the variable. Output similar to the following 2 space 
example is seen for 3 spaces as well. Is this an error? If 
so, does anyone know a work-around? 

Thanks, 
-Siddhartha. 
---------- Output from bash follows -----------
$ cat>i.txt
Hello world
$ export b=`cat i.txt`
$ echo $b
Hello world
$ export b=`<i.txt`
$ echo $b
Hello world
$ export b=$(cat i.txt)
$ echo $b
Hello world
$ export b=$(<i.txt)
$ echo $b
Hello world
$ cat i.txt
Hello world
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