Thursday, July 11, 2013

Turkey Seeks Money.

New York Times 100 years ago today, July 11, 1913:
A Statement by the Sultan — Conquests Not Planned.
    PARIS, July 10.— The Sultan of Turkey is quoted in The Temps as follows:
    "Turkey is resolved to carry out far-reaching reforms, in which foreign specialists will actively collaborate and which will assure large returns to foreign capital. Turkey respected investments during the critical economic situation during the late war, and the capital which it is sought to interest will be used in the development of the country.
    "Turkey is not planning conquests, and will devote only indispensable sums to defense."

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