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
The Polk Report goes on to prove that almost all other countries, even
the smallest, close the door to Americans. Only Bolivia, Colombia and
Costa Rica, which has recently annulled the concessions granted to the
_British Controlled Oil-fields_ place Americans and their own nationals
on the same footing. The case is different in Guatemala, in Ecuador,
and, above all, in Mexico, "only Mexicans by birth or naturalization
and Mexican companies have the right to acquire ownership in lands,
waters and their appurtenances, or to obtain concessions to develop
mines, waters, or mineral fuels in the Republic of Mexico. The nation
may grant the same rights to foreigners provided they agree before the
Department of Foreign Affairs to be considered Mexicans in respect of
such property and accordingly not to invoke the protection of their
Governments in respect to the same, under penalty, in case of breach,
of forfeiture to the nation of property so acquired. Within a zone of
100 kilometres (62.14 miles) from the frontiers and of 50 kilometres
(31.07 miles) from the sea-coast, no foreigner shall under any
conditions acquire direct ownership of lands and waters."
Meantime the San Remo Agreement had been signed, by which the French
Government--voluntarily or no--associated itself with Great Britain
in order to drive out America from the Asiatic centres of petroleum
production, and delivered over to her the resources which might be
discovered in the zones of influence reserved for France. The French
Government was so embarrassed about this agreement that for three
months it dared not publish it.
When it made up its mind to do so, the publication aroused grave
anxiety in the United States.
The Struggle for Mesopotamia
However, public opinion and American official circles followed the
progress of the struggle with passionate interest. The situation became
even more strained in consequence of an article in _Sperling's Journal_
by Sir Edward Mackay Edgar, which constituted a literal defiance.
Great Britain openly boasted of her triumph. "I should say," wrote
Sir Edward, "that two-thirds of the oil-fields exploited in Central
and South America are in British hands. In the states of Guatemala,
Honduras, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, and
Ecuador, the great majority of the concessions are in the hands of
British subjects and will be developed by our capital.
Public-domain text, read in full here on John Shaqi.
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