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Mr. I. Hsuan Si was born at Fu Shan Hsien, near Chefoo, in 1886. He received his early education at the Anglo-Chinese School, Temple Hill, Chefoo; Shantung Christian Union College then at Weihsien, Shantung, now a part of the Shantung Christian University at Tsinanfu, Shantung; and for a few months, in Tsing Hua College, Peking. In 1911, Mr. Si continued his studies in the United States on a Tsing Hua scholarship. In the United States, he attended four universities, viz. University of Illinois, University of Michigan, Yale and Harvard. He holds the B. A. degree from Michigan '13, and the M. B. A. (Master in Business Administration) from the Harvard Graduate School of Business Administration '16. After his studies in 1916 he was the first Chinese student ever admitted as an apprentice into the private banking firm of J. P. Morgan Co., N. Y., where he acquired a valuable experience in American banking systems. In 1917, Mr. Si went to France from America serving as the first Chinese Y. M. C. A. secretary among the Chinese laborers in French employ. In France, he stayed in Lyons for some time and later was given charge of