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The first Moroccan crisis, 1904-1906

Note 824 — Chapter XIV

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A French firm had been surveying and making estimates for some months with a view to obtaining that same contract as well as other contracts for the improvement of the Moroccan harbors. The French claimed that by Art. XXXIII of the contract between the Sultan and the French consortium of banks in the previous year the latter had been given a priority right to make all future loans to Morocco.

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