OCR Text |
Show U. S. WILL INSIST ON LIUHIS Dutch Measure Provides Yan-kee Yan-kee Exclusion in East Indies Fields THE HAGUE, Jan. 1. United ' States authorities hero fear thati I American interests will bo excluded ; 'from the great DJamba oil fields In the jl'ur.-h East Indies It .. lull Introduced In the Dutch parliament be adopted. This menrure propose to give the con- cession to these fields to a subsidiary of the Batavla OH company. The I territory to be Included In the concession conces-sion Is described as the most valuable' petroleum ground In tho Dutch East Indies. The- field has long been the scene! f I'tiiiitni riial rlv.ilrv between luitcti-, EEngUsh and American oil groups. Americans hero say that the only wayt 'In which American interests could ob-i j tain representation there would be fori jthe Itutch government to prrndt themi to subscribe to the stock of the pro-' posed handling companj ( In formed to handle the concession. In this holding company, tlue Dutch I East Indian government and the BA-I tavla company would, by provisions of, the bill, le Joint stoi kholdere, thn cm-eniment cm-eniment sharing largel) in tbs profits. The government, however, will have el majority on the board of dir. , 'ors. According to the Amsterdam (lam-1 dalablnd, th preferred shares, giving a rich! to cite as to the control bjjt not as to the direct management.! which win be in the hands of the iti-i lav la 1 oui vvi'i be mcstlv under! government contioi. but, In order to1 piaca'.e foielrn. particularly American InterestK. u certain proportion of What 'are knoivn as tj, " shares, inny I., ""It! to foreigners with the consent of I the govemmt 1 l A recent dlspatCh stated that thei' parliument of the imtcb kn ludl-.s had un.br consideration n motion op-' I .. It :''... r ,ntl,. I... .1. ... I ' : r j '' .'u. n iot-1 1 eminent of an exclusive concession to L the DJamba oil fields wlthOul th con- Sent Of ti e people Of the COlOltf |