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SOVIETS LURE TO CAPITAL.
・トト
MINING CONCESSIONS TO OPEN UP RESOURCES.
According to official advices re- ceived in England from Moscow, It is evident that the Union of Soviet Republics has lately been enlarging its attitude towards concession-hunters for mineral rights.
SATURDAY, MAY
1926.
time I have learned, in company an examination on our expert with 270 exhausted Americans, all encen that there is to know about the Outside the ruins of the art of hustling
Memorial Theatre, Mr. E. P.
We have seen so much that IWoodbury, the owner of an hotel. was not surprised to hear. one in Daytona, Florida, cried out, dazed hotel proprietor ask a guide, "Let's given yell for Shake- as we returned to Loddon from speure." Reading, Oxford and Stratford-on- Avon, "Just what have we seen?"
We all yelled for Shakespeare, and having yelled we made an inspection of the house where he
was born..
One Ingenuous American ask ed permission to write his name on the ceiling of Shakespeare's room.
Members of the International Hotel Alliance, who were guests of the G.W.R, had just settled down to read their morning papers when they were invited to look at
He was politely invited to sign Windhor Castle from the train windows, and no sooner had they the visitors' book, but there was capital guarantees, but have. ap-finished talking about Windsor no time for such a leisurely parently been welcome
Foreigners have not only been admitted freely, when backed vith
Gold, manganese, copper and oil are the chief minerals affect-
than they reached Reading.
Taking the Biscuit." Here our special train stopped,
*
ritual, for we had yet to see Aune Hathaway's cottage.
Anne's "Courting Settle." And the little thatched house
ed by these concessions, and groups of foreign capitalists.so that dozens of the girl workers are developing all these pro-at Huntley and Palmer's factorywhere, Shakespeare found hin ducts on a greater ar lesser could present us all with boxes bride pleased the Americans, more
urale.
The Soviet Government seems to have been fully alive from the first to the danger of confessions being exploited by "stags."
1,500 Applications.
of bischits. And then to Oxford. The order of the day was keep moving" We moved. We were whirled from the gracious beauty of New College to Christ Church, where some of us wanted to linger in the great dining hall, whose
A Special Committee on Conces-benches and tables of Irish bog sions appointed more than a year oak havo been polished by the use But our guides ago had examined, up to January of 400 years.
1 last, no fewer than 1,509 appli-seized us, and as we ran through entions. The nationality of the the grounds some of them hustled applicants was various, but the and gathered leaves from the trees chief countries represented were: to paste into their scrap-books.
Germany
Great Britain United States Fränces Italy
Austria
498
170
138
128 48 42
A large proportion were reject- ed, as having no substantial sup- port; but the Committee appear to have investigated any applica- tion that could provide a colour able excuse for being considered. The widest extension of con- cessions has been in the direction of oil-well sinking though some of the undertakings are far away. The proved oil-fields of the Baku district the Soviet Government. But keep in their own hands.
a Norwegian ayndicate had been granted of the Caspian Sea.
Oil concessions have been granted to British subjects in the Amur district; while others have been given to Japanese in the island of Saghullen.
Gold Mining.
Gold mining is being encoura ged by the Soviet by means of foreign capital, the Lena Goldfield being the most prominent example at present in working,
It employs over 3,000 men, and the promoters, in their first report to the shareholders, state that they have had no difficulties put' in their way by the Government, and that the State regulations. have been easy to satisfy.
The "next most valuable metal that is being mined is manganese,. which, with copper, is being pro- duced under a concession, by the Heinemann Company, an Ameri- can group, with a capital of 84 million dollars.
Shares are held as to 51 per cent. by Mr. Heinmann; 25 per cent. by German firmis; 15 per cent. by British houses, and the other per cent. by various na- tionals.
From the beginning of last August, when the company com- menced operations, until the end of the year, 120,000 tông of man- ganese ore, were exported by this concern, and the bulk of it went to the United States...
Timber Concessions.· Among other concessions re- cently granted is one to a German. firm to exploit some of the large timber reserves of the country.
In all cases the concessions seem to take the form of short leases, with a right reserved to the Government to take a small percentage of the output (to be paid for at market price), and other conditions' of u 'cautious kind.
Labour conditions are said to be easy, and are regulated by the unions and the Government, in concert with the concession- aries.
In view of the lack of "capital in the Soviet Republica, the policy of exploiting the mineral wealth of the country "through concessions to foreigners seems likely to be still more extensively developed in the future.
HUSTLING TOUR.
AMERICAN YELL" FOR SHAKESPEARE.
What a day.
امي
It began at 9.85 (writes a Dally Chronicle representative), and ended for mo--at 6.40. In that
We looked at Magdalen, the Sheldonian Theatre and the Bod leian Library and then our motor coaches hurried us back to the station, and ive had lunch at lightning speed between Oxford and Stratford-on-Avon.
Name on Colling.
The people of Shakespeare's town gave us a great welcome, and we saw everything that one ought to see in Stratford, but I doubt, if many of us could pass
than anything else. They looked with delight on the powter plates. und willow dishes which were in daily use in the Hathaway family, and there was eager competition to sit for a second on the "court- ing settle" which one supposes was young William's favourite sent.
..
Holy Trinity Church, with Shakespeare's grave, New Place," the grammer school, Harvard House... we wore rushed into them or past them; we were given a civic reception; potted lectures gave us cinema-like flashes of his- tory, and all in two hours.
"Do you ever sleep in England?" quorted one of the hoteliers an.he looked at his programme and found that, although the day, was done, night was just beginning with a dinner, and a ball by Mr. Gordon Selfridge.
"England is wonderful. Your We have people are wonderful. never known such kindness. But. if we ever need a rest cure, I guess we'll have to go to America."
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