Note 822 — Chapter XIV

The loan was proposed to the German banking house, Mendelssohn & Co., by an English firm in Tangier, Moses Pariente, in April, 1905. A syndicate of German banks, among them the Bleichröder group, the Mendelssohn group, the Disconto Gesellschaft, the Berliner Handels-Gesellschaft, was formed to make it. The loan, under negotiation during the summer and early autumn of 1905, was concluded on Oct. 4, 1905 (Schulthess, Europäischer Geschichtskalender 1905, p. 306). It was a purely temporary one to be guaranteed by some of the Sultan’s personal property in land, a fact which alarmed the French even more because it denoted a possible German design to acquire possession of territory in Morocco. On the matters of the mole and loan see the following: Chérisey to Rouvier, Aug. 1, 1905, L.j., 1901-5, 260, No. 295; Saint-Aulaire to Rouvier, Aug. 14, 1905, ibid., 267 f., No. 304; note signed by the French and German representatives, Sept. 28, 1905, ibid., 307 f., No. 352; Holstein to Radolin, Aug. 14, 1905, G.P., XX, 540 ff., No. 6789; Pourtales to Radolin, Aug. 19, 1905, ibid., 542 f., No. 6790; Bulletin, Aug., 1905, p. 299.