Note 18 — Chapter X · BARGAINS ARE STRUCK
Reading edition
It should be made clear that not all the terms of the Franco-German agreement were carried out before the beginning of the Great War. Because of the delay in the negotiations with Great Britain (cf. infra) the exchange of Bagdad Railway securities for Imperial Ottoman Bonds was not completed, with the result that, when the War came, French bankers still held an interest in the Bagdad Railway Company.