Bulgaria, with Servia, is surely destined to expand in the near future, and the “big Bulgaria” must some day ere long be an accomplished fact.

The Royal Palace: Sofia.

The Main Boulevard: Sofia.

CHAPTER II
BULGARIA AS A FIELD FOR BRITISH
ENTERPRISE

Audiences of members of the Bulgarian Cabinet—Dr. Dimitri Stancioff, Minister for Foreign Affairs, the coming man of Bulgaria—His policy—Facts about the mineral wealth and mining laws—Advice to traders and capitalists by the British Vice-Consul in Sofia—Our methods as compared with those of other nations.

One of the objects of my observations being to point out where British capital can, with advantage and security, be employed in the Balkans, I made, while in Sofia, very careful and exhaustive inquiry.

Information was given me by the late Premier, M. D. Petkoff; the new Minister of Foreign Affairs, Dr. Dimitri Stancioff; and by M. Ghenadieff, the Minister of Commerce, who was also interesting himself very actively in the Balkan Exhibition at Earl’s Court. To these three members of the Bulgarian Cabinet, and to His Royal Highness Prince Ferdinand himself, I have to acknowledge my thanks for placing all information at my disposal. The Minister for Foreign Affairs deputed his cousin, Monsieur D. M. Stancioff, of the Commercial Department of the Ministry, to accompany me everywhere and explain everything. I was given a perfectly free hand to go when and where I liked, and, as His Excellency put it, “to see Bulgaria just as I pleased.”

The Bulgarians are nothing if not thoroughly businesslike. I was particularly requested by the Ministers not to paint the country in couleur de rose. One member of the Cabinet said, as I stood in the corner of the ballroom of the Military Club one night, “We would like the English to know exactly what they can find in Bulgaria, and how we shall treat them. Don’t flatter us, and cause English capitalists to expect too much. We have good paying investments for them—if they will only come here.”