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
Then, on January 30th, M. Clemenceau granted diplomatic powers to M.
Henry Bérenger. He immediately sent commissions of inquiry into every
country in which France might have petroleum interests, to London,
Warsaw, Bukarest, Constantinople, Baku, and Mesopotamia. M. Bérenger
was all in favour of a great scheme for founding an inter-allied
company in which the French State, bringing as its share the German
concessions which would be ceded to her by the treaty of peace, should
enter into association with Great Britain and the _Royal Dutch_. On
March 7th, the Walter Long-Bérenger agreement was signed, fixing the
broad outlines of a common oil policy in Mesopotamia, Rumania, and
eventually in Galicia and Russia. It was a preliminary sketch of the
San Remo Agreement. It remained only to prepare for its realization.
Eighteen days later, without losing any time, the _Royal Dutch_
offered to co-operate in the plans of the French Government in
matters concerning the management and exploitation of the various oil
interests which might be reserved to France as a consequence of the
treaty of peace. It proposed, moreover, to place at France's disposal
"all its world-wide technical, industrial, commercial and financial
organization, not only in the countries mentioned, but also _in all
other countries_" in which she might need its co-operation. And it
offered to supply France by priority, in time of peace as in time of
war.
M. Clemenceau welcomed the proposal. In order not to offend Parliament
and public opinion, which was tending more and more in favour of a
national oil policy, the _Royal Dutch_ entered into partnership with
one of the great commercial banks, the _Union Parisienne_, in order to
create with its concurrence companies of which the nationality, if not
the capital, should be French.
Public-domain text, read in full here on John Shaqi.
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