Exhibit 16. 
  
  
 March 25, 1999 
  
  
 United States Securities and Exchange Commission 
 Judiciary Plaza 
 450 Fifth Street, N. W. 
 Washington D.C.  20549 
  
 re:  Versailles Capital Corporation 
  
 Ladies and Gentlemen: 
  
 The undersigned Schumacher & Associates, Inc. previously acted as
 independent accountants to audit the financial statements of Versailles
 Capital Corporation.  We are no longer acting as independent accountants to
 the Company. 
  
 This letter will confirm that we have reviewed Item 4 of the Company's
 Form 8-K dated March, 1999 captioned "Changes in Registrant's Certifying
 Accountant" and that we agree with the statements made therein as they
 relate to us. 
  
 We hereby consent to the filing of this letter as an exhibit to the
 foregoing report on Form 8-K. 
  
 Dated this 25th day of March, 1999 
  
  
 Sincerely, 
  
  
 Schumacher & Associates, Inc.