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United States Department of State / Foreign relations of the United States diplomatic papers, 1937. The British Commonwealth, Europe, Near East and Africa

Liberia,   pp. 785-857 PDF (27.0 MB)

Page 849

  President Barclay, through his private secretary, acknowledged
receipt of the letter, promising to give the matter due consideration.
882.635 Neep/12: Telegram
The Acting Secretary of State to the Mini8ter in Liberia (Walton)
                          WASHINGTON, November 1, 1937-8 p. m.
  27. Personal for the Minister from McBride. I have received in
confidence the following information regarding Neep:
"Neep joint stock company, incorporated in Amsterdam December
2, 1929, with nominal fully paid in capital florins 50,000 in 50 bearer
shares each florins 1000. Four directors, all residing Amsterdam,
one of whom Karl Ginsberg, German subject, born Breslau and
associates of whom all named Bloch born Upper Silesia, originally
German subjects, but naturalized January 4, 1937, as subject[s] of
Liechtenstein. Four proxies, all German subjects.
  D. Caffe, Netherlander, address Kadegold does not appear as
officer or proxy Neep but is said to have been in Monrovia as late as
July 20; 1937. He may be authorized representative of Neep in
  Since the foregoing appears to indicate a complete absence of well
established Netherlands interest in Neep, the points made in paragraph
numbered 2 of my telegram 26 of October 26 take on added importance.
882.635 Neep/18: Telegram
    The Mfinieter in Liberia (Walton) to the Secretary of State
                               MONROVIA, November 4, 1937-noon.
                                            [Received 1: 35 p. m.]
  54. For McBride. Your 27, November 1, 8 p. m. Government's
confidence in Neep's financial status appreciably weakened. Pro-
moters seek aid from Amsterdamsche Bank, N. V., Amsterdam, Hol-
land, which is unconvinced of project's practicability. New engineers
therefore en route to investigate further.
  Japanese Ambassador at Paris has proposed to Liberian Minister
that Liberia export iron and cotton to Japan to be shipped via South
Africa instead of Suez Canal. Japan willing to send experts to teach
Liberians cotton culture. Liberian Minister suggests that iron con--
cession be exploited jointly by Dutch, American, Belgian and Japanese
nationals. President Barclay confident of American participation.
  Exclusion provision submitted to President. Great curiosity in
Neep displayed here by undesirable interests.

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