New-York tribune., 1906-07-02

because his officials. foolishiy thought that they
could DO better by dealing direct with foreign
bankers and manufacturers. The experiment has
proved Of a costly character. for. owing to the
lack OF information Of the Japanese embassies
abroad and Of emssaries specially sent from Toxic
concerning foreign markets. the financial and in
dustrial standing Of the various firms. etc, the
results achieved have been needlessly expensive
and extremely unsatisfactory The MilZadO realizes
that foreign mercantile firm Of high standing. ana
In touch with all the financial and industrial inter-
ests Of its country, Is able to transact hnan-
cal and commercial business for the Japanese gov
ernment in much more economical manner ana
with far satisfactory results than the officials
OF his government There are many manuTact-
urers captains Of Industry and of finance in Amer
ica and in Europe who viii hesitate to deal with
Oriental government without eXactinS eosuy
and humiliating guarantees. There will be no ne
cessity for these when the Japanese government
makes its purchases and its contracts through
some such firm in London. If mention the hrn
OF Kuhn Loeb & CO. it Is because hear. notn
from Japan and from London. that the oanklns
house in question has been appointed oy the MI
kado to be his financial and commercial representa-
tive in America and that the recent visit OF Jacob
schifS to Toxic. where he was received with alto-
gether unprecedented distinction by the Emparor'
for the purpose of concluding the necessary
arrangements with the japanese governments. II
is understood that neither Kuhn, Loeb q CO. nor
the great London banking house to which the MI
kado has confided his financial and conmerclal
agency for Europe has made any demand upon the
japanese government for mining or railroad con-
cessions But it Is only natural that the emperor
should accord to the two firms In question WHICH
naturally enjoy his fullest confidence all concession
in the Land of the Rising Sun for which foreign
capital is required. Henceforth. therefore, an pu
chases made abroad by the japanese sovernIislll
ana all it's foreign financial dealings will be MADE
through the houses in question which VIII occupy
much the same position toward Japan as the Bar
Ings did toward the Russian government untl lS'''
MANY LADY HERBERTS
There are so many Lady Herberts, two OF them
being Americans namely the wife of Sir Arthur
Herbert. British Minister to Norway (formerly MISS
Helen Gammell, of Newport R. -. and the "ldo"
OF Sir Michael Herbert who died as British Am
bassador at Washington (she is the daughter OF
Richard Wilson. OF New York;. that it IS neces-
sary to explain that the Lady Herbert who is no"
collaborating in a literary sense with LORD stan
more is known as Lady Herbert Of Lea. and the
book which she Is helping her old friend LORD
Stannnore to produce is a memoir Of her husband,
the statesman whose statue in front Of the War
Department IN Pail Mall Is familiar 10 every An1eri-
can who has visited London He was a wonder
fully handsome man. and his wife in her younger
days was a celebrated beauty, that it is not
astonishing that their children should all have been
remarkable for their good looks. These children
include the late Lord Pembroke and the present
earl his brother the late Sin Michael Herbert and
Lady de Grey. the particular friend and intimate
Queen Alexandra.
great political rival, Lord Beaconsfeld united in
laudlng Lord Herbert Of Lea-better known as Sgd
ney Herbert-as the most comely and fascinating
man they had ever known and he figures in several
OF Beaconsheid's novels. notably in 'Endymion.
Sydney Wilton.
It was to Sydney Herbert, War Minister dur
ing the Crimean campaign. that England was in
debted for the dispatch to the East Of Miss Flor
ence Nightingale and for the Inauguration through
her Of that system OF military nursing which has
been adopted by every civilized nation in the world
Lady Herbert, his wife, converted to Roman
Catholicism by the late Cardinal Manning, and
ever since has been unremtting in her labors for
the Roman Catholic cause Among the institutions
which owe their creation her is the great mis-
sionary college at Mill HU. for which she collected
large sum Of money during extensive tour
in this country some years ago. She is persona
gratssna at the Vatican, and divides her time be-
tween Rome and Herbert House in London, at the
southwest corner Of Belgrave Square almost
unique among the mansions of the British metropo-
lis in its possession of private chapel, where
is celebrated every morning
The most remote ancestor Of the Herbert family
was chamberlain to King Henry L The Herberts
figure in the French wars Of King Henry V. and
it King Henry " Who during the War OF
the Roses. created the Herbert Of hts day to be
Earl OF Pembroke From that time on the Her
berts have stood with the Howards and the Talbots
for all that was bluest in British blood Wilton
House. the ancestral country seat, now the home
Of the present Lord Pembroke. was originally an
old priory bestowed upon Sir William Herbert by
his brother-in-law King Henry VIII. Lady Her
bert being the sister OF Queen Katherine Parr. 1t
was at Wilton House that Sir Philip sydney com
River Nader, which runs through the grounds
Izaak Walton wrote his "Compleat Angler
MARQUIsE DE FONTENOY
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