'XXII/8 Baghdad Railway' [‎56r] (107/194)

tha graat propondorance of oepi&ln intaraata In othap aaotiona
of the line v spot. % proportion o an not be well looked upon aa
exoeaaive # eapeoially if tho threat extent of British trade in
these reeiona and the vast tonnage of British ahiriine are bora
in roiod*
since tha ar^anegment ^id before Djavid Bey represented
a large nr.-as re of ^ienaesalon on the part of Hia wajesty , 3 Gov-
•ornment 9 they have received the snv^estiona now roade by the
Ottoman GOvernir j nt with aome anrprise.
The Tnrkish preposala for the final portiona of tho rai
-wav are that a new company ahonld bo forced , that the capital
ahowId be divided between the Ottoman Government 9 who wonld
receive 40 per cent of the whole, and Britiah , French , and
German r?:ropps f who wonld each receive SO per cent. The detail
of the flnanacial arranppm6nts are left for anbaeqnent settle-
-mont between the paatiea interested,
Hia majeatyia Government regret that they are nnable to
accept these proposals , Tf a new comp?,ny is formed for the
oonatT^ct’on and working of the railway sonth of Baghdad , and
if it is to be x,dd/^£#X/ constituted en an international basis
His pa 4 1*stwt* Government can only aocedo to anoki , , -nr -foment
provided that Britiah interests are represented in a degree at
l*ast eowal to that of any other Power including Tnrkey, and in
order to effect this ani with a view to emohasising the inter-
-national and commercial character of the undertaking , they
would suggest that should be admitted to participation
and that the percentage alioted to each country should be ?0
per cent,
^-Mwtping that this diatri b-itic is i^iopted , His majesty
Got&znment ocmider that a Convention should b^ oonclnied bv he
P u wera concerned providing for ifc© exclusion of differential
rates or &nv railways in Asiatic Turkey , mJ for equality of
treatment in regard to transport f cilitiea and cogna a matter