[56] Articles 5, 18, 29, 34.

[57] Article 29; Specifications, Articles 21, 24, 25, 29, 30.

[58] Articles 15, 26, 45; Specifications, Article 26.

[59] Articles 20 and 21. Another sop to Turkish pride was Article 46, which required the Company to contribute annually to the Constantinople Poorhouse the sum of £500.

[60] The Times, March 14, 1903, contained a report of this secret appendix. A denial was issued by the Berlin National Zeitung of March 18, 1903, but the existence of the supplementary agreement was confirmed by Dr. von Gwinner in 1909 (op. cit., p. 1092). Djavid Bey, in a memorandum to the author, has stated that the Ottoman Government considered this appendix of the utmost importance.

[61] A proviso of the concession of 1903 was that the Deutsche Bank was to float an Ottoman Four Per Cent Loan of March, 1903, to an amount of about $10,000,000. Parliamentary Papers, 1920, No. Cmd. 964, pp. 57–58.


CHAPTER V
PEACEFUL PENETRATION PROGRESSES

The Financiers Get Their First Profits