Turkey the Great Powers And the Bagdad Railway a Study in Imperialism

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Turkey the Great Powers And the Bagdad Railway a Study in Imperialism
Edward Mead Earle
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Nevertheless, they were years charac- terized, on the part of the investors interested in the con- summation of the great enterprise, by every possible ac- tivity to prepare the way for eventual success on a grand scale. In the spring of 1906, for example, Dr. Karl Helfferich was appointed assistant general manager of the Anatolian Railways, and one year later was elected a managing director of the Deutsche Bank with general supervision over all of the Bank's railway enterprises in the Near Eas...t. The appointment of Dr. Helfferich who, although he was only thirty-four years of age, had achieved an international reputation aroused widespread comment and turned out to be an event of first-rate importance in the history of the Bagdad Railway. As a young professor of political science in the University of Berlin, Dr. Helffe- rich won general recognition as an unusually able econo- mist. He was persuaded to enter the Government service in 1901 and became assistant secretary in the Colonial De- partment of the Ministry of Foreign Affairs.

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