The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1912-11-05
CHINESE LOAN z
Who Engineered Big $5o,ooo,o0o Deal
Is a Massachusetts Yankee.

New York Sun: While New York
the origin and connections of A. Wen
dell Jackson, the American who put
big difficulties in the path of some of
the largest ~financiers in the world
by contracting for a loan to China of
$50, 900, 600, which he agreed to make
without putting any Of the r~estric-
tons on it which were demanded by
the Six Power group, who were nego-
tiating for a loan Of $500, 600, 900, Mr..
Jackson's three sons have been quiet
ly working in their offices in this
city.
One of them. Lawrence S. Jackson,
is secretary to the Golden Gate Co.,
which manufactures steel drills at 9
Desbrosses street. He lives in White
Plains. and his mother, who returned
a few days from Tokyo, is staying
with him. OF the other two sons, one
had business connections which he
says would embarrass him if it be-
came known that he was the son Of
Wendell Jackson, and the other does
office work for a New York concern.
Lawrence Jackson refused yesterday
at his office to say anything about his
fathers hackers in the big deal, but
talked readily about his fathers ante
cedents. He said his father was a
scientist. interested in books and study,
with nothing in his makeup which
would arouse the suspicion that Wen
dell Jackson has the adventurous spirit
that would lead him to try to balk
the one powers Of the world when
they wanted to negotiate a big deal.
He said: .a.E "
my father has been in places where
there were plenty of chances to fall
in with adventures. but If he ever had
them he never talked about them. In
his leisure il he's not reading books
on his ~favorite subject, mineralogy, he
is studying economies. mathematics
and other things that college students
| consider a bore. H.
my father was born in Chelsea,
| Mass. in 1858. His father was a sea
captain. l don't know what Captain
~Jackson's mean were. | imagine that
he was making a fair living for him
self and his family. but was far from
! wealthy. Before my father was old
| enough to go to school his father
| moved the family out to San Fran
cisco and made that his home port.
| Father grew up in San Francisco. was
| educated in the public schools there
and later went to the University of
| California. He was a member of the
class of 1875.
I'm his senior year he was made an
~ 4SLOAa #[A4NCA4 AiS w ~
went abroad to study n spent a year
at Freiberg and Leipsic. He was study
ing for a Phi. D., but returned to Cali
fornia before he got 1t to organize the
I mineralogy department at the univer-
sity. He became assistant professor. In
1885 he was made professor Of min
eralogy. He resigned in 1890 to come
to New York. :
For seventeen years he lived and
worked in New York or Boston. None
of his ventures was large enough to
attract attention. / don't think he ever
caused any degree of excitement until
he came UP in connection with this
Chinese loan. In 1907 he went to Rus
| STA, and there he met a NIB OF
Russians who interested him In a mine
in Manchuria. He went to Manchuria
and has been there ever since. I can't
tell who these Russians are. A num-
Der of guesses have been made as to
their identity, but / have seen
any guess in print that has been right.
| Since then he has spent his time In
the far east. Every year he has made
a trip through New York on his way
to London and then he usually stayed
in my home in White Plains. He is
very fluent in several European Lam
| guages and can get along in Chinese
| and Japanese.
Things are done differently in
| China than they are here, and my faith
| er has lived there and mixed with
| Chinese. This has been q great help
| to- him In his loan business. His five
wears experience gave him an advan-
tage over most others. OF course. a
don't know just what he is doing over
there and who Ia be behind him, and
what ! do know | am not at liberty to
tell"
~<1yvv@ 80. &.u,e, uqn ~ J, ,,r,r--