Despite the announcement yesterday that the 75-year concession granted by the Emperor of Abyssinia to the African Development and Exploration Corporation for the exploitation of Ethiopia's all and mineral resources was to be cancelled, further complications are likely as the result of a claim made to-day by a weill-known local broker that he had secured a prior concession to exploit the natural resources of the East African Empire, The broker, Mr. Leo Chertok, declared, regardless of the withdrawal of the Standard-Vacuum El Ca, from the concession granted the! African Development and Exploration Corporation, he would exercise his concession rights.
Interviewed by newspapermen, Mr. Chertok said that he would leave shortly for England, but would take no steps to exercise his concession rights until he had heard from the Department of State.
Meanwhile, Mr. Cordell Hull, Secretary of State, revealed in Washington to-day that the Department of State was inquiring into the circumstances of the grant of the concession to. Mr. Chertok, It is learned that the State Department considers the concession claimed to have been obtained by Mr, Chertok as unimportant, and it is not expected to play any role whatever in the attitude of the United States towards the Italo-Abyssinia situation. Reuter.
(0 Hold to Contract Addis Ababa, Sept. 4.
The Abyssinian Government late tosnight decided not to cancel. the concession granted the African Development and Exploration Corporation for the exploitation of the country's all and mineral resources.
Apparently, the Government hopes that Mr, F. 'W. Rickett, the London Anancler who handled the Abyssinian end of the negotiations, will find other capital to replace that supplied by the Standard-Vacuum Oil Ca,, of which the "African Development and Exploration Corporation subsidiary.—Reuter, "Dollar Diplomacy" Dead Hyde Park, Sept. 4.
During a press conference to-day President Roosevelt said. that ca elation by the Standard-Vacuum Ca,, of ts all and mineral concession" in Ethiopia was "another proof that dollar diplomacy was Tonger recognized by the Government of the United States."—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.