The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1907-05-01
4 YANKEE INVASION,
What Europe Thinks Of Thomas
F. Ryan's African Concessions.
CAPITALISTS GLAD OF MOVE.

lnvsstors In Foreign Lands Claim 1t Is
One Of the Most Important In Many
Nsars-Repardsd - Evidence Of Our
Increasing international influence.
A prominent banker and capitalist of
Paris, one of the group interested In
the exploitation Of the French African
colonies, stated to the Brussels corre-
spondent OF the New York Sun that the
entrance Of Thomas r. Ryan and his
associates into the field Of African de-
velOpment was regarded as one Of the
most important movements In many
yenrs.
although there Is some OF the usual
talk about the Yankee INVASION" he
aaid, "thcre are some solid reasons why
European investors In foreign countries
arc glad Of this movement. For one
thing. we regard It as evidence Of con-
lldence IN the commercial and financial
stability Of our colonies Then. too, 1t
affords us the opportunity to demon
strate to the Americans the need OF
reliable and responsible government In
the undeveloped parts OF the world
where European or American capital
may be invested.
"For example, when Americans have
substantial investments In any OF our
African colonies they can better appre-
ciate our desire for responsible and
conservative government In South
America. where some OF US have very
largo interests. We know that the
Americans have no political Intentions
In Africa, 90 that their commercial In
tercAts IN that continent will stand re-
lated % the European powers exactly
as COR comnercia1 interests across the
Atlantic arc related to American pow
ers: hence we feel that the Ryan move
ment toward Africa gives US somewhat
q q guarantee Of substantial nature
for fair play all around"
An English capitalist interested In
Africa when told the views OF the Paris
fnancier practically agreed with him.
I'VE have found Americans very
useful to US In South Africa" he said,
'eapecially such men as John Hays
Hammond and Gardner Williams. The
Americans have a vast territorial ex-
panse for studying economic geological
questions not possessed by any Euro
pean power at home, and 30 they arc
especially cou1petent to help discover
the resources ok Africa. It Is likely
that American Investments In the Kon-
% VIII lead to conservatism Of govern
ment and improvement In many ways.
Some Englishmen have professed to
go IN this movement only q clever
ruse Of King Leopold TO checkmate
possible British hostility, but It Is
absurd to suppose that the American
government will allow itself TO become
entangled in African affairs because
of tho interests Of few capitalists. |
A. . matter Of fact, there Is much |
British capital interested in the richest
mineral portion Of the Kongo. and our
interests will probably be identical
with those Of the Americans as far "a
our relations to the Kongo governE~ ~
are concerned.r
American expeditions will reach the
interior OF Africa about the first Of
June. The expedition In charge of Mr.. |
Werner will begin development work
Immediately, a steamer having been
obtained for its use, and new town
u 10 be laid OF somewhere near Stan |
Icy Pool The members of this expedi- |
ton are Messrs. Pope and Andrews,
Americans, and Bertrand and DeJahr, |
Belgians, besides others to follow soon.
The geological and meteorological sur
vey under s. III Ball, late OF the Unit
cd States geological survey, has secur-
cd as expeditionary chief II. Dorsey
Mohun. formerly Of the United States
navy and for several years an officer
a the Kongo government The latter
expedition Will be occupied at first In
general reconnaissance work to prepare
for actual exploitation later.