（原文）
THE BRIDGE HOUSE HOTEL
W.A.MATIN，PROPRIETOR.
Nanking， 10th March， 1912.
My dear Mr.Ma Soo，
From the few days am here have observed two schemes which would easily save the Republican boat：on the Army & Navy $5,000,000 yearly， and provide industrious work for many thousands of Chinese labourers and the money remaining in the country as well.
The second scheme is one on which the lowest realization amounts to $900 millions, out of which must be deducted for Chinese labour 25%， these remains them a net profit of $675 millions takes the maintenance of a soldiers at $3 per day including officers there would be enough money to keep a standing army of over 500,000 men.Provide work again for many thousand coolies, money again remaining in the country and not an cent be absorbed from any standing or coming taxes whatsoever.I will explain in details when you'll be able to see it more clearly， its compacting as easy matters.
Remaining yours most faithfully，
B.Schade
（译文）
南京，1912年10月
尊敬的马素先生：
我在这里的几天中，观察到两个方案，能很容易地拯救共和之轮：提供给陆军和海军每年500万美元，为成千上万中国劳工提供忙碌的工作，钱也就留在国内了。
第二种方案是，其中最低实现利润为9亿美元，其中必须为中国劳工扣除25%，保持纯利润6.75亿美元，维持每个士兵一天3美元，包含军官，这样就有足够的钱维持一支超过50万人的常备军。为成千上万的苦力提供就业，钱再度留在国内，没有一分钱会来自标准税或待征税或诸如此类的税。如果你们能看清这点，我将作仔细解释，这是一个很容易的问题。
B.席德 谨上