Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1923-10-26
Ry HARRY SLATTERf.

u.=aippton. ID. c., Oct. 20.-No
5gye been more quoted to serve
'5,,,s., opposing arguments IN the
, fsv wears in America than EN-
ias ,tss., alliances" And that quota
a. a. II Washington's in his Farewell
-. warning against such al
-. - has likewise served doing
tn;agn statesmen who use 1t as an
excuse for inaction. a..
The point | want to make Is this
,6.t regardless of this traditional
a.Iicy Of America, as claimed oy
ne the fact is that in Europe and
sis.V6ere financial ENHANCEMENT
!. rapdly swinging forward under
80 ,o,tse of development of resources.
esr,aiply the American concession
gSnters are in the field and from evil
ls5cs. of success on all sides this Is
an open season. Their game bags
are overfowing.
recently returned from trip
sb,oad and from the time that took
sbip until returned | ran into the
American concessionnaire at every
tprn Going over on the ship was a
Gentleman well known in American
saance who frankly admitted that he
Was expecting to secure some bar
gains in resources that would eventu-
aIly be capital prizes.
Concession Hunters Haunt Capitals.
In Rome | ran across gentlemen
Rho are expecting to secure hydro
electric concessions and railway con-
tracts under the proposal of the new
government TO turn over to private
enterprise these state controlled util-
tiles. Likewise there | met a well
known oil geologist who had returned
from the Baku oil fields, and spoke
Of the prospects of his clients.
At Lausanne was bevy of inter-
national oil magnates-and the Ches
ter concession was talked on all sides.
Mr.. Henry Mason Day of New York,
representing the Barnsdall interests,
who next to Urquart. the English
concession king, is best known abroad,
was there Mr.. Day is accredited with
securing an enormous grant from the
Russian government and it is evident
that he with Mr.. Harry Sinclair, of
new oil fame, and Mr.. Washington
Nanderlip, have been favorites at Mos
COW.
understand that Mr. Kennedy of
the Chester grants was in Parls--and
ii was commonly accepted in Switzer-
land that the Chester grant of $780,
100000 Of Turkish oil lands, with all
rs functions of jurisdiction from
building 2,4O0 miles of railway to
semi-gOvemmental functions, would
be divided up among the faithful oil
gents-Ametean, English and French.
Oil Magnates Cooperating.
1t is evident the oil magnates are
working out a gentlemen's agree
ment. For instance, Harry Sinclair
told a newspaper friend of mine in
London that his company had been
let in on the Mesoptamia grants by
the Bntish-and he likewise admitted
with great fervor that his company
had secured a 45,000,000 acre con-
eession in Angola from the Portu-
guese Goyenment-while | believe
other grants in Portuguese West
Africa went to the English.
In Geneva | ran into a forestry eX
pert an old friend of conservation
days, who told me of the great luck
ms corporation had met with in a
forestry concession in Czecho- -Slova-
ha-formerly crown lands--at a bar
gam price. In Paris | heard of the
Albanian oil pilgrimage of American
gentlemen.
In London, by a strange coinci-
aqence, ex-Secretary of the Interior
Eau and Mr.. Harry Sinclair, of Tea
Pot Dome and other oil fraternal af-
lars, both met at the same spot. 1t
Is true Mr.. Fall stated to the news
paper men he was travelling like other
Amerleans-no connection with oil
and Mr. Sinclair told of his oil pros
poets as related above, and that he
ana Mr., Fall were shortly leaving for