Note 56 — Front matter (continued 3)

The majority of firms operating in Algeria are British companies registered under French law, just as the Mexican Eagle (El Aguila) is a British company registered under Mexican law. The most important is the Société co-intéressée des Pétroles algériens, which Pearson founded with a capital of ten million francs, and in which he has retained a considerable interest. But the one which has given the best results is the Société algérienne des Pétroles, de Tiliouanet, whose oil yields 15 per cent. of petrol, 65 per cent. of illuminating oil, and 20 per cent. of paraffin residues.