Note 313 — Chapter VI · —Geographical Area

When the foreign investor is not a corporation but a government, the expanding commercial influence looks still more surely to tangible political results; because such national enterprises have at bottom a political motive, however much overlaid by an economic exterior. When the British government secured a working majority of the Suez Canal stock, it sealed the fate of Egypt to become ultimately a province of the British Empire. Russian railroads in Manchuria were the well-selected tool for the Russification and final annexation of the province. The weight of American national enterprise in the Panama Canal Zone sufficed to split off from the Colombian federation a peripheral state, whose detachment is obviously a preliminary for eventual incorporation into United States domain. The efforts of the German government to secure from the Sultan of Turkey railroad concessions through Asia Minor for German capitalists has aroused jealousy in financial and political circles in St. Petersburg, and prompted a demand from the Russian Foreign Office upon Turkey for the privilege of constructing railroads through eastern Asia Minor.313