New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-11-14

4 NETTING 10 CONSIDER me BUILDING or 4
RAILROAD.
meeting wa, held at the Fifth Avenue Hotel al :
o'clock las, night which had been called by Nathaniel
Mckay t. consider the question If forming strong
American compan, to build railroad, in China MIR
Mckay explained the situation To TRIBUNE reporter
last night 4 friend ol nj. Baron de Lorme' VINO mas
been several year, III China. ha' recently rcturL'u
from there The Baron know, the country well lie u
one of the cN Europeans who have travelled an over
IT, lie speaks Chinese. The Chinese Government mas
determined to build railroads. Having been more
t1,ordhly impressed with the American system man
any other tue Chinese would like To contract WIN
.trong company. The Baron, after taxing tnc
necessary steps with the Chinese "oNrr1Wont "' ts
on here TO form conn any, when VIII eudpI nun !"
contract for tue construction of these ROADS n "'
money that he wants so much ~ men "I ln""'u'r;
means bushes, standing aud honor whose names WIN
be- guarantee To tho thlncsc Government ''',' VIZ
contract will h" carried ont ON the formation al 'Icn
"A company the Baron will return To 'mh" WIN
engineers ~ hi, expense have the surveys " we
,r irrtcd rond. made aud attend personally TO tH'
granting oi concessions aud passage OF DEGREES OF law"
tor the building OF the roads. The "on"Iohs PI'p1t
bv HIM to Tie Chuc-r Government are 'h'1'' ne
grant will hc in the name OF he corporation. "J
bonds will he issued a loan. ana "iI De E!I'n't
by the Government no well u, inc - ,'' oI
bonds will not constitute tho hr7t Hch on we 49,
Alter the completion OF every section OF twenty h5e
milo- the Guy cnmeut will deliver a portion ." 'ne
Lnud4 to fine cDrporatiou. The company VII nave
4
the same manner those on ne mon iH Nu'.'' :;
Paclic The credit Of the Chinese HoEcrhntn Is
beyond question their bonds being quoted III lonuVl
nt from IL to ll2L,. Baron de lern was Formerly
III the French Navy. -, ,.,;,,o,
There was not large attendance on me mCt'i ~
Those present includes sidney Dillon, eA Senatoi c
Donald of Arkansas; r. X. Ham. cN-JuuS, N1't"''
ol California: g. II Lewis II. +. ANcIH an" '"u-
gresham AI.nu.; Mr. Mckay was named ~ chairman
aud c. Come of the Panama Canal, rs srttelHIl. -
letter WAS read from Ahrim Hewitt Saying 'ha' nc
would bc glad 10 cooperate - TAR ~ Ms oitn"i
position would permit in amy plan for placing con'ion
of the coming railroad Development I; NINA u i
American auspices Baron DE Iorne III broken THS
li-h read a paper showing the changes OF pup' u',a
in Chnn by hch II Was possible Tor r'ir 'Au,
be constructed without the opposition OF thc PJoloi
wi o forced the dcmoshmc"t of thertSt iWtNc M
road built there years ago by Engn'h ."Iu,,
The statements made by Mr.. Mtky a. TO tio .I
dtion, OF the grant were repeated ny the puJ J,to
suggested that "a committee be appoihto" 10 u'u n@,
the formation of the proposcd Amer' an ;,,l ay
The chairman appointed the following tomnllt5e' SS
iug lie had consulted all the gentlemen nameu a III
the meeting added the chairman ahd SerielaiH " So
list William IT, Barnum, j. Ripley. HuSs'n nnH''
Abran : Hewitt, .. j. Ayeril and Baron uo HoiH''