America and Persia

Pacific Press Publishing Association · Mountain View, California · Apr 11, 1911

FromSigns of the Times, Vol. 38, No. 15.

America and Persia

America and Persia.—It is a strange occurrence that one of the oldest nations of earth—Persia—should ask one of the youngest—this country—for five financial experts to assist in organizing a financial system. Persia has little money and an utterly inadequate system of taxation. Germany, it is said, will help, but she wants great concessions. Russia and England would help, but each wished control over expenditures. American financiers, if they would lend their services wholly in Persia's interests, could doubtless help the ill-governed country. Unfortunately, she lies along the line, perhaps in the way, of tremendous ambitions on the part of great European powers. It will be of interest to watch developments in that ancient land.