The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1910-09-19
CHARLES M. scHWAH GETS BEST
or STEEL TRUST IN Sc
CURING CONTRACT.
TO MEET PRINCE HsUN
Hundreds Of Millions Involved in the
Work---Will 6e Most Modern
Nvay--Smooth Work N
for Sctwah. ,I

Il AScW lolh, CEpt.f TO- nv 5HipS hHu
guns Of China's new navy with which
that mighty sleeping giant proposes
ito grapple with the civilized world are
10 be built in TIC United States.
For the profit TO accrue from
'equipping the worlds oldest and most
peaceful empire with Christendom
latest and most deadly Instruments
|of death and destruction there has
been keen competition for the last
year between the United States Steel
Trust and Charles M. Schwab.
lt was announced In dispatches to-
day that Mr.. Shcwab lis now on his
way to San Francisco, where he " TO
meet Prince Hsun, uncle OF the baby
emperor of China, to close the con
tracts for construction. it appears,
therefore, that Schwab has won an
other notable victory over the steel
trust, Only short time ago he out
bid the big concern in contracts for
building Dreadnaughis Ior the Argen.
tine navy.
Prince Tsai Hsun is at the head Of
China's naval establishment. For
year he has been touring tie world
In study OF ship yards and steel
construction. He has visited every
,centeg Of Europe for information.
He Entartainsa rhfraue
The imperial prince Is said to have
the direction Of the expenditure OF
hundreds of millions of dollars FOR
inodernizing the hoary empires war
war equipment He will be met by
Mr. Schwab In San Francisco this
week, aud there it Is announced the
contracts will be signed for the con.
structlon OF a great number Of war.
ships of all types, together With more
heavy and small guns that are to be
mounted on them than ever before
made at one time The designs. II iis
further announced, were made BY the
Bethlehem Steel Company.
Tsic comes as sequel to the Law
ish hospitality extended by Mr.
Schwab, last May to another Chinese
imperial prince. Tsai Tao, and TO
Lord Ii, son of LII Hung Chang, upon
the occasion Of their visit to this city.
The extraordinary attention paid by
Mr.. Schwab to the distinguished Wis.
itors from China attracted much at.
tention at the time. They were cap.
ped by a luncheon at the Schwab
mansion in Riverside Drive. Included
among the persons invited to meet
his guests were Andrew Carnegie,
Judge E. II Gary, William e. Corey,
Henry Phipp, Cornelius Vanderbilt,
Jacob H. Schiff. George W. Perkins.
John d. Rockefeller. Jr., William G
McAdoo, Paul Morton and the officers
OF the Bethlehem Steel Company
Got in His Work.
The affair was styled tThe Billion,
Iaire Luncheon" 1t was not generally
known at the time that Schwab then
was deftly laying plans to capture this
enormous contract for the steel trust.
1t was given out that the principal
subject discussed was the part finan.
ciers OF the United States were to be
permitted to take in the big loan Chi.
ma was about to negotiate for internal
improvements, chiefly railroad buik!.
ling.
During the entire stay OF the Chin
ese dighitaries in New York. Mr.
lSchwab was notably assiduous ia his
lattentions and accompanied Prince
Tsai Tao to the steamship to bid him
farewell on his departure for Europe
Nothing further. was heard Of the
matter until today. when the dis
patches from san Francisco referred
10 were received
At the Offices Of the Bethlehem
Steel Company here IL was admitted
today that MIR. Schwab Is now on his
way to San Francisco. but further
than that no definite information was
obtained except that he was going
there by appointment to meet Prince
Tsai Hsun. Mr.. Schwab's secretary,
Mr.. Ward. would neither affirm nor
deny the statements in the San Fran
cisco dispatches.
We Can Build Ships.
IT is a matter which no one can
discuss. save Mr. schwab, he said
Upon Prince Tsai Hsun's return 10
Pekin a few weeks ago from Europe
by way OF the Siberian railway be
met the prince and Lord Lii who re-
ported to him the results of their in
vestigations In the United states IN
the matter of warship building. The
princes present visit to San Fran
cisco to meet Mr.. Schwab is the re.
suit OF the representations made 10
him nv tho ~ hpr twn Chinese aff3rinle