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Turkey, the Great Powers, and the Bagdad Railway

Note 10 — Chapter IV · THE SULTAN MORTGAGES HIS EMPIRE

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Report of the Anatolian Railway Company, 1899, pp. 9–10; The Annual Register, 1899, p. 292. Simultaneously the Sultan granted the Deutsche Bank group a concession for the construction of port and terminal facilities at Haidar Pasha, across the Straits from Constantinople. Sweeping privileges were granted for the building of docks, stations, sidings, and quays to a subsidiary of the Anatolian Railway, the Haidar Pasha Port Company. The latter company completed a handsome station and terminal at Haidar Pasha in 1902, the year before the definitive Bagdad Railway concession. Furthermore, it entered into close coöperation with the Mahsoussie Steamship Company, a Government-owned company operating a ferry service between Constantinople and the Asiatic side of the Straits; in this manner adequate service was assured passengers and freight from European to Asiatic points. The text of the concession is to be found in Corps de droit ottoman, Volume III, pp. 342–351. Cf., also, Report of the Anatolian Railway Company, 1902, p. 8.

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