FREE BOOKS

Author's List




PREV.   NEXT  
|<   106   107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130  
131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   >>   >|  
ime cotton can be produced in large commercial quantities over a wide area." Franck now turned to a subject which reflects his courage and progressiveness. He said, "There is a strong tendency in other Colonies to give too large a place to State enterprise. The result of this system is that officers are burdened with an impossible task. They must look after the railways, steamers, mills, and a variety of tasks for which they often lack the technical knowledge. "I have made it a point to give first place to private enterprise and to transfer those activities formerly under State rule to autonomous enterprises in which the State has an interest. They are run by business men along business lines as business institutions. The State's principal function in them is to protect the native employes. The gold mines at Kilo are an example. They are still owned by the State but are worked by a private company whose directors have full powers. The reason why the State does not part with its ownership of these mines is that it does not want a rush of gold-seekers. History has proved that in a country with a primitive population a gold rush is a dangerous and destructive thing. "We are always free traders in Belgium and we are glad to welcome any foreign capital to the Congo. We have already had the constructive influence of American capital in the diamond fields and we will be glad to have more." The average man thinks that the Congo and concessions are practically synonymous terms. In the Leopold day this was true but there is a new deal now. Let Monsieur Franck explain it: "There was a time when huge concessions were freely given in the Congo. They were then necessary because the Colony was new, the country unknown, and the financial risk large. Now that the economic possibilities of the region are realized it is not desirable to grant any more large concessions. It is proved that these concessions are really a handicap rather than a help to a young land. The wise procedure is to have a definite agricultural or industrial aim in mind, and then pick the locality for exploitation, whether it is gold, cotton, copper or palm fruit." "What is the future of the Congo?" I asked. "The Congo is now entering upon a big era of development," was the answer. "If the Great War had not intervened it would have been well under way. Despite the invasion of Belgium, the practical paralysis of our home industry, and the fact that many
PREV.   NEXT  
|<   106   107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130  
131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   >>   >|  



Top keywords:

concessions

 

business

 

private

 

Franck

 

enterprise

 

cotton

 

capital

 

Belgium

 
proved
 

country


financial

 

unknown

 

Colony

 

freely

 

average

 

thinks

 

fields

 
diamond
 

constructive

 

influence


American
 

practically

 

synonymous

 

Monsieur

 

Leopold

 

explain

 

answer

 

development

 

future

 

entering


intervened

 

industry

 

paralysis

 
practical
 

Despite

 
invasion
 

handicap

 

possibilities

 

economic

 

region


realized

 
desirable
 
locality
 
exploitation
 

copper

 

procedure

 
definite
 

agricultural

 

industrial

 

ownership