As mortgagor the Sultan was certain to insist upon the recognition
and protection of certain rights. To assure observance by the
concessionaires of their obligations under the convention, supervision
over construction, operation, and maintenance of the railway was vested
in the Ministry of Public Works, represented by two Imperial Railway
Commissioners. As a guarantee of good faith the Company was obliged
to deposit with a Constantinople bank a bond of £30,000, subject to
release only upon the completion of the entire line. The Ottoman
Government was determined, also, that the concession, far-reaching as
were its implications, should not lead to additional extra-territorial
rights, or “capitulations,” in favor of foreign powers. The
concessionaires were forbidden to contract for the transportation
of foreign mails, or to perform other services for the foreign
post offices in Turkey, without the formal approval of the Ottoman
Government. It was specified, also, that, inasmuch as the Anatolian and
the Bagdad Railway Companies were Ottoman joint-stock corporations,
all disputes and differences between the Government and the Companies,
or between the Companies and private persons, “arising as a result
of the execution or interpretation of the present Convention and the
Specifications attached thereto, shall be carried before the competent
Ottoman courts.” It was further provided that the concessionaires “must
correspond with the State Departments in Turkish, which is the official
language of the Imperial Ottoman Government!”[56]
Public-domain text, read in full here on John Shaqi.
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