FROM THE ANALYTICAL RETORT DIP THE PROCEEDINOS IN THE CHAMBER
OF REPRESENTATIVES.
The Sitting of 15th December, 1909.
M. Resins, Colonial Minister, speaking:—" The truth is that the only company holding mining concessions is the Union blinike, a Belgian company, and that, out of forty-five million hectares, its concessions extend over an area of about four million hectares. Wo are terrified at the idea that some shares are in the hands of foreigners. Mare we not in Belgium a quantity of concerns in which foreigners have some interests and even the greater part? What is the meaning of this most stringent pro- tectionist policy? The share of the Colony in the Union Wmier6 works out as follows :—Capital shar...s belonging to the Societe Generale, 50,000; Tanganyika Concessions, Ltd., 50,000,-100,000. Dividend shares —To the Special Committee, 57,000; to the Tan- ganyika Concessions, Ltd., 38,000; to the Prospectors, 5,000,- 100,000. The Special Committee owns 28•5 per cent. of the total,—viz., 19 per cent, for the State and 9'S per cent, for the Katanga Company. The State owns 10 per cent. of the Katanga Company. Its exact share in the Union Itliriare is therefore 1995 per cent. or one-fifth, as I had the honour to state during the debate on the annexation.'
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