Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1892-07-29
THE SULTAN RULES.


o'"coi'ies That Hasdicsp The Ma Of
Business in Turkey.
The American way of transactino
every day business affairs and that Ia
vogue within the realms Of the terri.
Tory ruled by the sultan Of Turkey are
As vastly different as the antinodes
said Slragan 5. Costikyan, of Costikyan
rreres Gonstantinople, Turkey, who
was at the Midland yesterday. M.
Costikyan resumed: I'm Turkey there
are no banks as there are here. Each
merchant IS his own banker and what
ever wealth he may possess Is kent
slowed away in the safe in his private
ofiice. The banking system is un-
known. True, there are banks owned
by the government, but Turkey q 4
despotism and should merchant de-
post ms money in the sultan's bank
ne might awake some morning to find
the bank closed and his money zone
where, you are not allowed to ask
because the sultan rules and the sui
tan accounts TO no one for his actions.
not even to the ruler of the universe.
70 1t is that the merchant of Constan-
tlnople when he owes you money does
not give you check upon a bank.
he takes you into his private Office
and pays in cash what amount NAV
be due you. And, too, when the mer.
chant gives a ninety DAYS note he
pays you in cash taken out of his pri-
vate safe.
In the sultan's dominions there il
no opportunity offered for the invest
ment OF capital or the DEVELOPMENT of
the country's material resources. Tur.
key is rich in mineral wealth. but the
sway OF the despot allows no corpora
ton or private individual to develop
mines. The government allows you to
develop mine by it taking 50 per cent.
OF the profit. As true subject Of the
sultan you are expected to be perfectly
happy with the remaining 10 per cent.
and you are further expected to return
thanks to Allah for the honor of liy-
ing under such sovereign. In ad-
dition to this, your property is subject
to confiscation, and should the mine
you are working develop unexpected
richness the government is very likely
to relieve you of it, leaving you to
stand the loss of whatever YOU NAV
have invested. 1t is this system Of
government which has kept that coun-
try in the same rut for thousands of
years and which is slowly reducing
the people to poverty.
''The general stagnation in business
circles pervades the real estate market
and in this, too, is felt the whitening
influence Of the despotic reign. Real
estate can be bought for comparatively
nothing. For $3.50 you may buy q
splendid piece of property right in the
heart of the city Of Constantinople.
Merchants are afraid to buy. Bust
ness men do not care to invest and
real estate is comparatively worthless.
One asks, why this state of affairs9
But the answer is very simple. It is
again the curse of the sultan's reign.
You may have owned property for
years. 1t may have descended to you,
when, should you offend the govern
ment, the government records will be
opened and you will be informed that
the property belongs to some mosque.
You must get out. and at once. No
compensation is given you. Whyt
Does not the sultan rule2
THE subjects of the sultan are of
course mostly Turks. He has, since
the last war with Russia, about thirty
million Turks, eight million Armen-
ians, four million Greeks and two mil
lion Jews. The religions are divided
in the proportion of the different races.
A Turk is always believer in Ma
homet, the Armenians and Greeks are
Christians, while the Jew is always a
Jew. OF these different classes the
Armenians and the Jews are the bust
ness races. The Turk is soldier. He
was born that way. He can't get down
to the details of money making. 1t is
part of his religion to rob a Christian
or Jew, and he does not comprehend
the principles of right and wrong.
With these natural disadvantages the
Turk is outstripped and the bulk of
the wealth is rapidly passing into the
hands of the Christian and the Jew.
1t will be SO until the government is
changed. "-Kausas CITY Times