Tangier advices confirm the 6a! of the Mannesmann properties la Morocco. They state that the Man-_ neumann Brothers receive in change important concessions Bulgaria and Czecho-Slovakia, also 'a large sum in cash.—Reuter.
Mannesmann and Morocco The news that an Anglo-American syndicate has taken over the. Mannesmann interests in Morocco provides a fascinating sequel to events which had their start long; before 1911. The Mannesmann Company was originally a purely) German concern, and owed its great success to the discovery by the original member of the family the process of manufacturing seam-ess tubes, these being drawn out of ingots of steel. Their flexibility. being much greater than that of wrought tubes brought them speedily. into favour, and very soon the! Mannesmann' Company became one of the greatest industrial concerns in Germany. Tt expanded; French end English Mannesmann companies were started; then brother went to the Balkans and another to Morocco, where he secured concessions for zine, sulphur and other mines. Incidentally, several years before the war one of the family naturalized as an Englishman, The concessions which the Man-hermann organization sought to ox-plait in Morocco, and which live now been acquired by this Anztlo-Arner. can syndicate, were in part if not largely the cause of the friction between Germany and France which led to the Kaiser's dramatic gesture in 1911 in sending the Panther to Agadir. From the vers" start of her African activities na} far back as 1884 Germany had been desirous of securing a foothold or, the Moroccan coast ce that she! could have a harbour on the Mediterranean and another on the Atlantic, but events were generally gainst her. Ultimately in 1909)
was compelled to recognize the special place of the French in Morocco, and this was done through the Franco-German Convention of} that year, although no protectorate was admitted. In the two follow: ing years matters became critical, for Germany complained against what she considered the unwarranted extension of French influence, and the Mannesmann concessions came into the picture. The French, opposed them, and their attitude was apparently so determined that the German Government despatched the Panther to uphold them, thus: nearly precipitating the crisis which occurred three years later. It was this occasion that Mr. Lloyd George was nat up by the Asouith Government to make his fighting, speech in the Stock Exchange. What has happened since then does not seem to Mannesmann of Morocco, American capitalists have come in to put an end to that particular! chapter.
Text read from the printed page and cleaned; old type leaves the occasional error.