The Archive · 1928

American Financiers' Contract

New York, May 8.

'A group of American financiers recently concluded a contract with King Amanullah in Paris in nection with important oil and mineral concessions in, Afghanistan which the concessionaires will handle for a long term of years, after which they will return the properties to the Afghanistan Gov ernment.

A Long Lease for Working of May 9.

Oficial details regarding the statement that a group of American financiers recently concluded contract with King Amanullah, Paris, in connection with important oil and ral concessions in Afghanistan, which the concession-fires will handle for a long term of years, after which they will return the properties to the Afghai tan Government, have hitherto been dificult to obtain, A lawyer, Mr. Daniel Strachan, who claims have handled the nogotin in Paris in February, fx reluctant to divulge the scope of the agreement, pending the conclusion of definite arrangements.

State Department officials, inter viewed by Reuter to-day, confirmed the receipt of a report' from Mr. Strachan, whom they requested supply copies of contracts and the certificates of incorporation of the Afghan-American Company, which Mr. Strachan is forming. A reply has not yet been received—Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account