The World-Struggle for OilL'Espagnol de la Tramerye, Pierre Paul Ernest
History
The World-Struggle for Oil
L'Espagnol de la Tramerye, Pierre Paul Ernest
Petroleum; Petroleum industry and trade; War -- Economic aspects
In spite of its promises, the _Royal Dutch_ did not succeed in
delivering sufficient quantities of oil. By March 13, 1920, the
reserves had fallen below the danger-line, to less than 75,000 tons.
The Director-General, anxious about supplies, decided to resort to the
Americans. And as the powers of the Petrol Commission had been legally
extinct since April 26th, and its provisional monopoly at an end since
April 21st, he established the system of authorizing imports, and
granted licences to several companies which had made contracts with the
_Standard Oil_. Would the _Standard Oil_ succeed in re-entering France?
It was not given the time, for the San Remo Agreement had just been
signed (April 24, 1920). A few days later, the French Government
resumed control of oil, and M. Laurent Eynac, the new Commissioner,
taking the view that what had happened during the interregnum had no
legal existence, hastened to annul the licences to import granted to
the _Standard_.
The great American trust found once more in France, as it had so often
found since the War in other parts of the world, the "closed door."
II. Diplomatic Negotiations
"The diplomatic history of the Franco-British negotiations concerning
Mosul will, when it is made known, constitute the most eloquent
document upon British policy towards France."[48] According to the
agreements of 1916, Mosul was in the French zone of influence in
Arabia. Great Britain began by obtaining the cession of our territorial
rights, as recognized by this treaty. The French Government gave way
to her desires in spite of the opposition of its Foreign Minister. But
when, later on, we demanded in compensation that 50 per cent. of the
oil of Mosul should be reserved for us, Great Britain produced at the
propitious moment the difficulty, unsuspected by our negotiators, of
the _Turkish Petroleum_, a company which she had opportunely created
in collaboration with the _Royal Dutch_ a few months before the
declaration of War in 1914. Now the _Turkish Petroleum_ had obtained
from the Turkish Government the grant of all the naphtha of the
vilayets that we lost in renouncing the Sykes-Picot Agreement of 1916.
So, having abandoned Mosul, all we were to receive in exchange was the
oil with which Britain consented, as a special favour, to supply us.
"When one knows England well," wrote M. Le Page, with justice, "one is
not surprised that, when, with the help of France she has driven out
America from the territory she covets, she should strive to throw over
her helper, having got rid of her rival."
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account