The Albany register. [volume] (Albany, Or.) 1868-18??, 1873-07-25
A ssupendons scheme.

visit OF the Shah of Persia to Euro
pean Courts that it is worth while
to state the real object OF that visit
as given in commercial circles. We
quote from the New York Com
merciM BaHetih:
The real cause fthe Shah's visit
to Europe is not to be traced to the
realms Of poetry, diplomacy Or war.
lie appears simply as an advertising
card for the greatest stock .j"bhlng
speculation ot'th day. 'I'hGshrewd
capitalists ofthe old world have not
di~lAired To borrow a leaf from
I'arnum. When the great show.
man parades his company in all
their glare of tinsel aid blast OF
trumpet in public, it is only TO fire
the gaping vi layers with a more
invilclble desire to deposit their
stamps in the care Of his treasurer.
III the same way, the Shah Of Persia
is used as flaming Show-hi | to
invite sub. criptionS to the torthcom-
ing Persian railroad enterprise for
which Baron de Reuter-, the famous
European telegraphlst and news
collector, is the head and chief.
And it is only truth to say that the
new Persian railroad scheme exceeds
other enterprises j'St tile same as
the ".imbian Nights" ShameS a |
other works OF fiction The world
is amazed at the lavish eudowmeltS
Of American railroad companies by
Congress. But it these land grahtS
and subsidies were all put together
aud multiplied ten times over they
would still fall far short Of the con-
ceSsions recently granted BY the
Shah Of Persia to Baron Reuter- TOR
the purpose Of building a railroad
through lis domiuiors.
lie concessions" as it istermed,
was issued at Teheran, the capital
o. Persia, in July, 1872. Baron
Reuter- is authorized to construct a
railroad between the Caspian Sea
and the Gulfot Pc Sia. lie is also
vested with exclusive authority to
construct any other railroads or
tramwavs he may think proper il
any part Of the kingdom. lie may
form one Or more joint stock com
panies in London to carry ont the
objects Of this CONCESSION" For
the next 70 years he and his associ-
ates or successors enjoy the excln-
Sive right to construct railroads,
tramways, canals, roads, telegraphs,
mills and forseS, to work mines
and factories. clear forests, and to
furnish Persian towns with water
and gas.
For the performance of these
various enterprises this Baron Reu-
ter and his London companies are
to enjoy the most extraordinary
privileges. They may take for
nothing all state lands that may be
required for railroad, gas, or other
purposes, aud they may acquire
private lands and buildings on the
most favorable terms. All ma
:erials and commodities required by
Baron Reutor'S companies are to
be imported duty free, aud, better
still, a supply OF cheap labor is also
guaranteed. All the provisions
for the company'S emp Dyes and a
the bea>te Of burden required are
to be furnished at the ordinary
prices Oft the country. These clauses
will prevent any entcrpri>ing per-
sons from cornering the. labor, pro-
vision and horse or mule markets;
and the mere tact of these co.ces-
sIons show, as nothing cvud do,
the de>potc character Of tile Gov
erIImeht.
In addition, tile Persian Govern
ment undertakes to pay an interest
OF 5 per cent. and an additional
guarantee Of 2 per cent. as a sink
ing fluid on all money or capital
raised ly Baron Reuter- and his
companies. All the employees Of
the companies are to be untaXed.
Blu: a still more wonderful COLI
cesSlon is yet to come. Not con-
tent with handing over to a foreign
company the exclusive right to
construct railroads, erect gas works,
open mines, establish Telegraph
lines. rlm mills and tnrrns lar dnwn