Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-11-29

CONTINUED from First Page.)
States, and in 1919 the Shell Trans
port Company sold 100000 shares in
Sev York city.
The British government itself en-
cred the oil business in Burma, Per.
sia and Mesopotamia. An agreement
with the Royal Dutch concern brought
this great trust practically under
British control, with the result thai
at present, while it is estimated that
there are only 7,000,000,000 barrels OF
which, at the present rate OF con
sumption. will be exhausted in eight
cen years, there are $4,000, 100000 bar
rels in the world, mostly in British
hands. Britain, therefore. theoreti.
cally, has oil for $50 years to come.
Credit for Success.
"This success" says Delaisi, equals
the greatest achievements Of the Ro-
man senate in it's best days" He gives
the credit for 1t chiefly to four far
sighted Britishers: Sir Marcus Samuel,
Lord Cowdray, Lord Curzon and Prof.
John Cadman OF the Birmingham Uni.
versity, who is said to have conceived
he grandiose project and been its eco
nomic brain throughout.
It was only after the armistice, says
Delaisi, that the United States, which
had furnished 80 per cent Of the allies
oil during the war, began to wake up.
The Standard Oil Company sent pros
pectors to every part of the world. but
everywhere these found themselves fore
stalled by the British. 1t was even dis
covered that certain Central American
companies, supposed to be American,
were really British. The latter boosted
publicly OF their triumph. Sir E. Mac
kay Edgar. in a famous declaration. said
that except for Mexico and a small
part Of the United States. the entire
world was barricaded against the Amer
lean oil interests, and that fortunately
for Britain the American people had
opened their eyes too late.
However, Senator Gore demanded
that the British oil interests be ex-
cluded from the United States. and this
was actually made possible by a law
passed in April Of the present year.
which enables the Secretary of the
Navy to create "oil reserves" in any
state, and hence, If necessary, to ex-
propriate foreign interests.
British Policy Outlined.
Frank Polk. undersecretary Of state.
ate on May II. On June 20, Thomas
O'Donnell. before the International
Chamber Of Commerce, demanded equal
privileges throughout the world for
American companies, but without sue
cess, and soon afterward former Sec
Rotary OF the interior Lane OellVeTeu
what Delaisi regards as a serious
threat to Britain, saying:
lis it not clear that IL governments
NEEDLE with economics and competition,
and transform themselves into BUSH
ness concerns, there is little hope of
settling conflicts which will recur con-
tinually through commercial rivalry?"
The British have continued their
project, and at the San Reno confer
ence, in return for Withdrawing their
support from the Rebel Emir Feyal in
Syria, who indeed collapsed soon after
ward, they persuaded the French to
sign over all the Oil in France and the
French colonies, as well as the French
holdings in Rumania and Galicia. to
.joint exploitation" that is to say, to
the British.
NJ. Delaisi insists that the Anglo
American contest, though seemingly
economic, is really dominated by the
question of sea power.