The chief spirit of the American-China Development Company (such is the name it has taken) was Calvin S. Brice. Other members are: James H. Benedict, banker; Anthony N. Brady; the Carnegie Steel and Iron Ca. (Andrew Carnegie); J. H. Jarvie (of the Arbuckle Sugar and Coffee Corporation); Frederic P. Alcott, President: of the Central Trust Company William A, Read of Vermilye and Company; Richard J Cross of Morton, Bliss and Company; Levi P. Morton, Thomas C. Platt, Henry W. Cannon, of the Chase National Bunk Thomas F. Ryan, Street Railway owner James Stillman, of the Standard Oil Company representing the Rockefellers; Moore and Schley, bankers; John R. Heyeman, of the Metropolitan Life Insurance Company Clarence Cary, as trustee of H. ite Twombly, and various Vanderbilt interests Hartley and Graham, arms manufacturers; James P, McDonald, railroad contractor James McNaught, counsel of the Northern Pacific Railro: George R. Sheldon, banker; Charles H. Coster; F. E. Randall, President of the Southern Trust Company and many others of like prominence in the financial world.
WHAT MR. BARNES THINKS, Mr. Barnes says of the concession to the Belgian syndicate for a road from Peking "Ido not like to criticise it, but any candid person would admit that the Belgian contract was i d for the Belgians and defective in most important features. A law student ought to be able draw a better paper.
"After it had been secured, and certified copies laid before the great capitalists, in Brussels who had agreed to take the bonds and furnish money for construction, these capitalists hesitated to make an; advance or to render themselves liable to the Chinese by beginning work.
Text read from the printed page and cleaned; old type leaves the occasional error.