August 29,1928
Government: Mr. Bartel gave yesterday a press interview in which
he stated that the Government is mostly interested in gathering
sufficient funds for necessary investments. Then-the Government
will use all energy to remediate to the unfavorable trade balance,
'The Government Pelieves that the increase of the' Polish mercantile
oine would stimulate the export and thus the Government will pay
soe ial attention to the matter. As concerns the ^arriman matter -
the Premier said that he.-had postponed its decision. As concerns the
Constitution the Government will take into consideration the proposal
a/srked out by the Government f.s Bloc of the Diet, However,the
Government considers the matter too important feo take too prompt
decisions,
Harriman Contrary to expect tions the Harriman contract was not
taken up yesterday by the Economic Council of Ministers.'The Glos
wdy says that the Cabinet will take i today,but the above
declartion of Mr.Bartel would indicte that the matter is postponed
for rather a longer period than one day. The Glos Prawdy said that
Harriman purchse the control of three important f6undaries
Bismarkhutte,Laurahutte,Eonigshutte,purchasing 90.87 and 75^ of their
stock. On the basis of the Geneva Oonvetion the P lish Government has
the right to purchase these foundaries forcibly. On the basis of the
agreement with Harriman - the Government gives up this right obtaining
in exchange the promise of Har. iman not to sell the control of
these-foundaries for 20 years, Harriman &h supposed to spend some
25 million dollars on the purchase of this stock. He promises to the
Polish Government to invest 5 million dollars during the first year
and to establih a steamship line from See-den to Gdynia for bringing th*
Swedish ore to Silesia. In connection with the expott and import
plans of ^arriman - the Gieshe concern controlled by him is signing
a contract with the Polish government for the lease of a certain
teraitory of the harbour of Gdynia,
*■ 4^^*^_.
