THE CHESTER CONCESSION

Wanganui Chronicle, Volume LXXVI, Issue 18756, 13 April 1923, Page 5

THE CHESTER CONCESSION

ALLIES’ UPSET. LONDON, April 11. Considerable perturbation prevails in Allied, particularly French, circles, regarding the Angora Government’s acceptance of the Chester agreement, which embraces manykinds of undertakings in and arounci Armenia, covering also Adana. These imply the suppression of railwayconcessions made to France on the eve of the war against a loan of a milliard francs, of which half a million were actually paid. It is suggested in some quarters that the Turks are insincere and are aiming at a resumption of freedom of action towards French and British financial groups.

(The Constantinople correspondent of the London Daily Express, in a message last month, said: “The simple Turk had been greatly puzzled by a comprehensive American scheme for the reconstruction of Turkey. It included the transformation of Angora into a dream city, containing the outstanding features of London, Paris, New York, and Washington. The syndicate sJso proposes to run sugar refineries, afforestation, a network of railways, roads, bridges, and canals, irrigation, schools of agriculture and engineering, health centres and hotels, and to form tourist and travel companies. This is merely a summary, the all-embracing trust’s proposed tentacles reaching to the uttermost part of Anatolia. The proposals indicate that, ;though the United States is averse from sharing European political burdens, American business men are determined to share any concessions offering. One hundred and fifty members of American chambers of commerce have a: rived in Constantinople.”)