File 2764/1904 Pt 2 'Baghdad Railway: General negotiations 1908-10.' [‎204r] (416/799)

[This Document isjhe Property of His Britannic Majesty a
ASIATIC TU RKEY AND ARABIA
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[November 8.]
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No. 1.
Section 4.
(No. 372.)
Sir,
Sir W.Goschen to Sir Edward Grey.-[Received November 8.) f <c H fc €
I HAVE the honour to transmit Berlin, November 5, 1909.
published in the “ Norddeutsche AllgLeine' ZelTu^^
announcing the commencement in the near f„t„ Ze ‘] un S of the 3rd November,
sections of the Bagdad Railway. fUtUre ° f WOrk on the Bulgurlu-El-Helif
Zeitu^g^iralso^imclose^wlhch'ap^Dear^tobe^b 6 "d” 6 SUb ' ie ° t “ the “ Frankf hrter
director of the Deutsche Ck PP 6 baSed ° n a re P ort of Herr ^winner,
I have, &c.
W. E. GOSCHEN.
Inclosure 1 in No. 1.
Extract from the ‘‘Norddeutsche Allgemeine ” of November 3, 1909.
(Translation.) Notice.
the ^ C ® MMUNI Q U£ is ® ued h J [ he Bagdad Railway states, according to a report of
the 1st November from Constantinople, that, after the Turkish Government has
sanctioned the company s plans of construction, work will in the immediate future be
fro^Tth 11 the - rt ft, er £? ns , truotlon of portion via Taurus and Amanus to Aleppo, and
Itf 1 e, 'n ■ VUl ,. e ('hrotes, to El-Helif, which is situated between Hardin'and
^sul. This portion is 840 kilom. long. A building company, wh.ch is to have Rs
., in Switzerland, and of which the capital amounts to 10,000,000 fr. will conduct
five p m dmg 0 P erat ' 0ns -, The administrative council of the company will consist of
five Germans, four Frenchmen, two Swiss, and one Austrian. The building company
pays for the construction successively out of the proceeds of the Bagdad Rail Jay Loans 7
RiTd 2 t an i d 3 ’ R wh ] lch are taken over by a financial syndicate under the leadership of
the Deutsche Bank, the committee being formed of the Deutsche Bank, the Banque
Ottomans, the Wiener Bankverein, and the Schweizerische Kreditanstalt 1
In closure 2 in No. 1.
Extract from the “ Frankf urter Zeitung ” of November 2, 1909.
The Continuation of the Bagdad Railway.
(Translation.)
“ ^ r ^ ls k e built after all! These words were originally uttered in reference to
another German undertaking, which came to grief so miserably ; but they may really
sately be applied to the Bagdad Railway. The proud work of civilisation which
german enterprise undertook to create in Turkey is to be completed. The last few
days have brought it considerably nearer realisation. Work on the Bulgurlu-El-Helif
section can, according to a report received yesterday from Director von Gwinner be
now begun. The continuation of the Bagdad Railway is assured.
In June IpOS’it seemed already to have reached this point. After years of
stagnation the signature of the conventions and financial agreements for the continuation
o the construction of the railway was arrived at at the end of May 1908 between the
representatives ol the Sultan and of the Bagdad Railway Company and the Deutsche
t an ^- The great outstanding difficulties were overcome and all financial obstacles
lemoved. Turkey placed at the disposal of the Bagdad Railway Company 227,000,000 fr
[2489 h —4]