The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-04-05
Office: G2il
nn. uAnKrr QUOTATIONS.
President ran der
Gracht Is Back.

p,..tdcnt van der GraIh'
Turned home thus morning ''""
Europcan trip and is gI'''|5 am
nj the efforts being Wid' ~" "'',.'
a apptar that the briuSh t"','
m,rt is violating tho monroe W..
,rinc and ig Cu|tnhHhirR hh' %" W.
uriu.h protcrtorA'r over any ''
~ NcAiru. lie SAYS th'' "h''' Wv
bas hccn considerable WIhi'n ."'
-, tbr cffr.I that the lirN.h gov
eminent wts fostering ''W''"'
linn OF British oil intcr'HlH, WIN o.
,uecial aggressive poh'N 'uN' 81
foreign notably American OH ''"'
,,iurnrs and correspondence"
appearcd ali over the American y,
Ga this effect Tho lhlnE '""N''
vary much like determined '''l
paign and. In Mr' lH INC N"'.
affair is lie, plain ana 'IN'p' '"'
not disllnlcrcstcd The NbiAh H',
crnmcnt has troubles enough "i '.
own. IL would seem, o" Ni' 80 'N''
commercial houFo I'm order
Mr. van der Grarhi WoN'h'n' vi
tho Rohanl Petroleum COMPANY va
,u., returned from an European ltip,
and In a conversation Win l'Pt'~
tentative Of this paper nhH"Inl'IN d.
nlr1 lIldl INV ~ N'A''' h'.'
acquired or M attempting io ACQUIRE
any interest In the lI"yil l'ul'h-"h y
or any OF lis subsidiaries
"It In true" he stated chat, dur
inu the war. the British government
r.o,iestcd British holders of Royal
Dutch stock TO turn over same To the
BrItish government, Al fair Nalhd'
tion. This transaction, however
was not made with the purpose OF
acquiring nny/pcrmh nent interest ~
tho Royal Dutch concern. NcqulHl-
ton OF control. moreover, Is Impose
sible, because no amount Of common
stock purchases can give cobfoI
in this concern. The sole purpose OF
the Transaction was that tn" l'rltr
ish government was anxious To ohlaln
a large amount in Dutch auildcrs ~
the cheapest possible price, the ch-
change In London being extremely
unfaVorablG at the time. These Dutch
ruilders wero chiefly required Tor
payments on behalf OF Belgian re
lief As "a consequence the Royal
Dutch shares obtained have been re
sold by tho British government on
the Amsterdam stock exchange and
have been partly purchased back by
the original British holders, partly
by Dutch interests. It is not believed
that, at the present moment, the
British government is stlll In actual
possession OF n single share OF this
stock Hut apart from this, " the
British government had been anxious
to obtain control or even pcrmn-
nent interest In the Royal Dutch
shell concern through tho acquisition
of Royal Dutch stock. they would
not have resold the enormous amount
they purchased on the Amsterdam
market.
Mr.. van der Gracht said 1t. Is true
that, at tho time he was In London
negotiations were actively pursued
by the Royal Dutch Shell concern
for the acquisition Of control OF the
Mexican Eagle properties. Mr. van
der Gracht " not In u position TO
state whether these negotiations
have led to "a tangible result, hut he
does state most cmphatiCally that II
Ia an absolutely private transaction
between the Royal Dutch Shell In
tcres's and the Cowdray interests, In
which the British government takes
no part whatever, and that the Brit
ish government has no actual inter
est In any subsidiary Of the Royal
Dutch-Shell group ,-b