The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1880-06-30
lew York Graphical

To Develop Field the Russians Have Found
Improbable, and Make Something OF the
Sea of Azof.
New York Graphical
Among the passengers who sailed for
Liverpool to-day In the steamship Scythia.
Of the Cunard Line, from this port were
Wayne McVesgh and Wharton Barker, OF
Philadelphia; John Fritz of the Bethlehem
Iron Company; Charles Hinchman, of the
Pennsylvania Steel Company: Augustus
Dowdsll and s. T. Fuller Chief Engineer OF
the Philadelphia, Wilmington and Balti-
more Railroad. Mr.. Barker goes TO Russia
at the instigation OF the Emperor, who has
given him the sole right OF opening up the
Donetz coal fields, north OF the Sea of Azof;t the
iron deposits OF Krivol, r. z north of the Grim
ed; the construction of a railway system from
the Sea of AZof, the erection OF works for the
manufacture of Bessemer steel rails, the es-
adjustment OF a great shipping port on the
Sea of Act, and the building of grain ele-
vators. Mr.. Bakers concession extends
eighty-fve years, and the cost OF the great
works will be upward OF IS 100000. He
has secured the aid of we'll known capital
lists of this city and Philadel phia. andis con-
6dent that the undertaking will be COM
plete success. Mr.. McVeagh accompanies
Mr.. Barker as counsel to the Company.
Arriving at ST. Petersburg, he will examine
fully into the legal questions of the conces-
sion. Messrs. Fritz and Hinchman will
inspect the iron ores and coal veins and will
report upon their value. Mr.. Dowdall goes
out as private secretary to Mr.. Barker.
THE people here,' said Mr.. Barker, "haye
very little knowledge OF the immense tracts
of iron and coal and the enormous quantity
of grain produced In Southern Russia From
one port alone on the Sea of Azof so 600 900
bushels of grain were shipped last year. We
propose building harbor at a suitable point
=. Il H.
to the grain fields of the interior. Elevators
will be erected to aid us in handling grain,
and line of steamers will be established
from that port to Philadelphia. We shall
not build the steamers ourselves, but only
charter them as they are needed"
what point will you select for the sea-
port?' was asked.
Probably near Tsganrog, town on the
north shore of the Sea Of Azof, opposite the
mouth of the Don. 1t was founded by Pster
the Great, and has a harbor which Is very
shallow. Marlapol, town 140 miles south
east of Yekaterinoslav, is another place we
have in view. In regard to the iron interest
we intend to build rolling mills, blast fur
naces ETC., and engage largely in the man
ufacture of iron and steel. There Is no
better ore in the country than that produced
in Southern Russia"
What amount OF capital will be necessary
for the prosecution of the work?'
mot le.s than S. 600, 600 will be required,
il it is proposed, after the report of the ex.
perts, to go on with the enterprise. This has
all been subscribed by business men in this
city and New York, who do not wish their
names mentioned at present. We 60 first to
London. then through France, Austria and
Hungary, aud then to our destination In
Southern Russia We expect to return
about the 1st of September with everything
arranged for vigorous prosecution of the
work"
Colonel Thomas A. Scott. In an interview
with a reporter OF the Philadelphia Times
yesterday, on the subject, said:
ut Is probably the greatest enterprise ever
entered into between any Americans and
the Russian Government. The concessions
were granted TO Mr.. Barker by the Car him
self, ss his connections with the Russian
Government have been very satisfactory.
The extent of the territory to be developed
extends for several hundred miles, and the
period of the concession Is longer than has
ever been granted before. The Russian
Government wants American enterprise and
energy to develop her resources, aud is will
ing to make liberal concessions for that pur-
pose. A liberal fund has been subscribed
and the stockholders are ready to go on with
the enterprise as soon as the experts have
reported upon 1t. The stockholders include
representatives OF the railroad, coal, iron,
steel and banking interests of Philadelphia
and New York, the latter comprising the
representatives of some of the largest foreign
h0uaaS -