in that region. They reported that although there was a plentiful supply of petroleum of good quality, difficulties of transportation made it extremely doubtful if the Mesopotamian fields could compete with the Russian and American at that time. The oil supply was then being exploited on a small scale by the Arabs and proved to be of sufficient local importance, as well as of sufficient profit, to warrant its being taken over by the Ottoman Civil List, in 1888, as a government monopoly.[9]
In 1901 a favorable report by a German technical commission on Mesopotamian petroleum resources stated that the region was a veritable "lake of petroleum" of almost inexhaustible supply. It would be advisable, it was pointed out, to develop these oilfields if for no other purpose than to break the grip of the "omnipotent Standard," which, in combination with Russian interests, might speedily monopolize the world's supply.[10] Shortly afterward, Dr. Paul Rohrbach, a celebrated German publicist, visited the Mesopotamian valley and wrote that the district seemed to be "virtually soaked with bitumen, naphtha, and gaseous hydrocarbons." He was of the opinion that the oil resources of the region offered far greater opportunity for profitable development than had the Russian Transcaucasian fields.[11] In 1904 the Deutsche Bank, of Berlin, promoters of the Bagdad Railway, obtained the privilege of making a thorough survey of the oilfields of the Tigris and Euphrates valleys, with the option within one year of entering into a contract with the Ottoman Government for their exploitation.[12] Shortly thereafter Rear Admiral Colby M. Chester, of the United States Navy, became interested in the development of the oil industry in Asiatic Turkey.[13]
The Near East possesses not only mineral wealth but potential agricultural wealth as well. Mesopotamia, for example, gives promise of becoming one of the world's
