New-York tribune., 1905-08-08
THE PRESIDENTS GUESTS.
J.P. MORGAN ONE OF THEN.
HanIco5o Railroad DiscusSed-Secre-
tary Sha7o Tells of FeUer Fighting.
EBY TELEGRAPH TO THE rRIRUNF.J

|
received a number of guests at Sagamore H!ll to-
! day. j. P. Morgan sailed into Oyster Bay HarDor
at 1870 o'clock took luncheon with the Presi-
dent, and sailed away again shortly after
o'clock. Secretary Shaw, who preceded MIR. Nor
gan by about an hour. discussed plans for fight
ing the yellow fever and departed to make con-
Nections with trains that would convey him to
Roanoke Va. where he is to speak before the
Republican State convention tomorrow. Baron
Kaneko. the Japanese financial authority called
in the afternoon.
The President is authority for the statement
that Mr. Morgan's conference with him related
practically entirely to the affairs of the Hankow
Railroad in China. a controlling interest In
which is owned by j. P. Morgan & Co. Incl
dentaly, and relating in a measure to the
railroad interests held by Americans in China
the pending peace negotiations were considered
by the President and Mr.. Morgan.
Mr.. Morgan came to oyster Bay unheralded
While his visit was by appointment nothing
concerning it was permitted TO become known
through official sources until after he had gone
Mr.. Morgans big steam yacht. the Corsair
anchored in the lower bay, about three quarters
of a mile from the landing of the Seawanhaka
Corinthian Yacht Club Centre Island. When
observed from the shore she was flying the
absent flag indicating ordinarily that her owner
was not aboard. Nevertheless. he there
and IN a few minutes entered a steam launch
and started for the shore. Instead of landing
at the J. West Roosevelt pier, where visitors to
the President who arrive by water usually land,
the launch conveyed Mr.. Morgan to the beach
of w. Emlen Roosevelt, where he went ashore.
He was obliged to walk a little distance to the
roadway, where one of the Presidents carriages
in waiting for him. He was driven directly
to Sycamore Hill arriving there about l o'clock
don't
and Mrs. Roosevelt and for some time afterward
The President and Mr.. Morgan discussed the
Hankow Railroad concession fully This was
not the first time the subject had been con-
sidered by the President. Several months ago
it taken up by the President and the Cabi-
net and considered thoroughly. An effort is
being made by the Chinese government to pur-
chase the concession from the American-China
Development Company, which the rail-
road and the cOntributary concessions The
railroad now is in operation between Hankow
and Canton about thirty miles but the COM
pany which is controlled by American cap
italists, owns concessions and has made surveys
for several hundred miles of railroad lines.
A proposition has been made by the Chinese
government to the American China Development
Company to purchase the Hankow Railroad and
the extension concessions. 1t is understood that
the price offered is about $I,000.OOO Some Of
the American holders Of the stock are inclined to
accept the proposal, but the European holders,
who have minority of the stock insist, as they
assert, in the interest of various foreign coun-
tries that the road and it's concessions be not
sold, but that they remain in control of the
Americans In behalf of the latter, it is argued
that railroad in the heart of China. operated
by responsible and aggressive American bust
ness men in connection with American steamship
lines, would be of enormous advantage not only
to American producers of all kinds, but to those
of the civilized world generally. 1t is said that
King Leopold of the Belgians who owns some
Of the stock takes this view of the situation. and
is vigorously opposed to yielding to the PROPOSE
Non of the Chinese government. A meeting of the
BOARD of directors of the American China Devel-
opment Company is to be held in Jersey City
August 20 and it is expected that a deteunina-
ton will then be reached as to the acceptance
of Chna's offer
No details of the conclusions reached at the
conference between the President and Mr.. Nor
gan obtainable, and no information could be
had to whether they considered the peace
gotiationS In relation to the fiotation of a Rus
sian loan in this country III case the envoys
should reach agreement rendering it neces-
sary for Russia to raise considerable sum of
money
The suggestion was made that Mr.. Morgans
visit and that of Secretary Shaw little earlier
might be more than coincidence, but it can be
| SAID authorltatlVeIy that they had no relation
| to each other Secretary Shaw and Mr. Nor
| gan did not meet, and the purpose of their
| visits were entirely different.
Secretary Shaw said after his visit to the
Presidents home that he had taken up n num-
| Der of appointments, without reaching any de-
| cision, and had discussed ways and means for
| hghtlng the yellow fever epidemic at New-Or-
| leans.
| Il have sent orders to Captain Ross chief of
| the revenue cutter service" said the Secretary
| TO go to NeW-Orleans and take charge of the
| quarantine. The revenue cutter Winona is al
| ready at New-Orleans. and Captain Ross will
De able TO get more of them, and will also be
| authorized to press private yachts into the
| service which when so employed. will fly the
| service flag. We will make especial effort
| 10 fight the mosquitoes about the hospitals and
| detention camps by using smudges of turpen-
| tine waste. This waste, which can be secured at
| small cost by the ton, VIII burn for hours when
| once snlted, and is believed to be an effective
| defence against the pests. 1t is better that one
| hundred thousand well persons he bitten bv the
| mosquitoes than fever patient for fter
| biting patient the mosquito becomes an en-
| gine of contagion. There will be no trouble
| caused by lack of funds for if the marine hos
| pltal appropriation becomes exhausted | will
| see that more money is provided from other
| sources. There are already eight or nine marine
! hospital surgeons on tie scene and others will
be sent to New Orleans at once"
| The President, who is keeping in close touch
| with the yellow fever situation, received the
| following telegram to-day:
| Mayor Behrman and other members of the citt-
| committee in NeW-OreanS have received as
| surances of funds necessary 10 pay exnanses of
| take charge Immediately. and have ordered Iarea
additional force of commissioned officers who have
vice appreciates its responsibilities but will go to
work with W 9sGling yFEf Of S291dsPge %YRi Ni
GERMAN TONE HOPEFUL.