Violent as was the opposition of the press to any coöperation with the
Germans in the Bagdad Railway, the opposition would have been still
more violent had all of the facts been public property. Mr. Balfour,
however, was keeping the House and the country in complete ignorance
of many of the most important aspects of the situation. Although the
Prime Minister denied that there had been any negotiations between
the British and German Governments regarding the Bagdad enterprise,
he failed to admit that there had been such negotiations between His
Majesty’s Government and German financiers. He made no mention of the
fact, for example, that he and Lord Lansdowne, his Secretary of State
for Foreign Affairs, had attended a meeting at the home of Lord Mount
Stephen at which Dr. von Gwinner, on behalf of the _Deutsche Bank_,
and Lord Revelstoke, on behalf of the interested British financiers,
explained the terms of the proposed participation of British capital
in the Bagdad Railway.[7] The plan was to place the Railway, including
the Anatolian lines, throughout its entire length from the Bosporus
to the Persian Gulf, under international control. Equal participation
in construction, administration, and management was to be awarded
German, French, and British interests to prevent the possibility of
preferential treatment for the goods or subjects of any one country.[8]
To this proposal both Mr. Balfour and Lord Lansdowne gave their
approval, assuring the bankers that no diplomatic obstacles would be
offered by Great Britain to the construction of the Bagdad Railway.
Dr. von Gwinner thereupon returned home to obtain the consent of his
associates to the reapportionment of interests and, perhaps, to consult
the German Foreign Office and the Ottoman minister at Berlin. This was
early in April, 1903.[9]
Public-domain text, read in full here on John Shaqi.
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