The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1910-09-19
CHARLES M. scfWAB GETS BEST
or STEEL TRUST I'M sE-
CURING CONTRACT.
TO MEET PRINCE RSUN


New YORK, Sept. 1S.--The ships and
guns OF China's new navy with which
that mighty sleeping giant proposes
.to grapple with the civilized world are
70 b. tpilt in tbs Tilted States.
| For the profit to accrue from
''equipping the world i Oldest and most
peaceful empire with Chrisfendom
latest and most deadly instruments
lof death and destruction there has
| been KEEN competition for the last
year between the United States Steel
Trust and Charles NJ Schwab,
It was announced In dispatches to-
day that Mr.. Shcwab Is now On his
way to San Francisco, where he Is To
meet Prince Hsun uncle OF the baby
emperor of China, to close the con
tracts for construction. Il 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 Dreadnaughss Ior the Argen.
tine navy.
| Prince Tsai Hsun Ii 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
center Of Europe for information.
He Entertained Chinese.
The Imperial prince Is said to have
the direction OF the expenditure of
hundreds OF millions of dollars for
I undermining the hoary empires war
Iwar equipment He will be- met M
Mr.. schwab in San francisco this
week, and there II is announced the
contracts will be signed for the con
struetIon OF great number df war.
ships Of All types, together With more
heavy and small gums that are to be
mounted on them than ever before
made at one time The designs. II It's
further announced, we're made BY the
Bethlehem Steel Company.
! Tsie comes as a sequel to the Law
ish hospitality extended by Mi.
Schwabs last May to another Chinese
imperial prince, Tsal Tao. and to
Lord L. son OF Ii 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.
red by luncheon at the Schwab
mansion in Riverside Drive Included
among the persons invited to meet
his guests were Andrew Carnegie.
Judge u. H. Gary. William Il Corey,
Henry Phipp, Cornelius Vanderbilt,
Jacob H. Schiff, George w. Perkins,
John D. Rockefeller Jr; William q
McAdoo, Paul Morton and the officers
Of the Bethlehem Steel Company.
Got in His Work.
The affair was styled THE Billion.
Iaire Luncheon" 1t was not generally
known at the time that Schwab then
was deftly laying plans to capture this
I ~h1a MVA0 NthAt uAI Aok lhE SN&Sl - NoN.
1t was given out that the principal
subject discussed was the part finan-
Iciers of the United States were to be
permitted to take in the big loan Chi
Ina was about TO negotiate for internal
Improvements, chiefly railroad huilt.
ling.
During the entire stay Of the Chin
lese dignitaries In New York. Mr.
lSchwab was notably assiduous IL bis
Iattentions and accompanied Prince
lTsai Tao to the steamship to bid hinl
farewell on his departure for Europe
Nothing further, was heard Of the
Imatter until today, when the dis.
patches from san Francisco referred
to were received
| At the offices of the Bethlehem
Steel Company here II was admitted
to-day that Mr.. Schwab Is now on bis
way to San Francisco but further
than that no definite information was
obtained except that be was goiu5
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,
1T is matter which no one can
discuss, save MIR. Schwab." he said
Upon Prince Tsai Hsun's return 10
Pekin few weeks ago from Europe
by way Of the Siberian railway be
met the prince ana Lord III. who re-
ported to him the results Of their In
vestigations In the United states ~
the matter of warshin sbuiiding, The
princes present visit to San Fran
|cisco to meet MIR. Schwah Is the re-
suit OF the representations made tn
him by the other two Chinese aff1cials