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...deal in particular: 1) Italy to hold her conquest of Ethiopia within moderate limits and in no case to attack the region of Lake Tana where the British Empire has vital interests; 2) Italy to endure without armed retort economic & financial sanctions which the League of Nations must impose or utterly lose face; 3) France and Britain to block the League from voting military or naval sanctions and participate in an "open door" exploitation of Ethiopia in their "spheres of influence"; 4) mutual understanding that there will be cheating all round on the "economic sanctions," with European States who have...

Author: /time Magazine | Title: THE LEAGUE: The Deal | 10/14/1935 | See Source »

...ever since summer crops have been cultivated in the Nile valley, it has been found necessary to conserve the water during the flood season. The source of the Blue Nile, or Lake Tana, is generally agreed to be the place best suited for a dam site. With just such a dam in mind, England has made a recent treaty with Ethiopia stating that neither government could alter the water supply without the consent of the other. As no treaty exists between England and Italy, it is evident that the fate of the Nile valley would rest entirely with the Italians...

Author: NO WRITER ATTRIBUTED | Title: France's Alliance With Britain in Mediterranean Fits in With Policy of Protection From Invasion, Says Langer | 10/8/1935 | See Source »

...area is being visualized by thinking of Ethiopia, which is roughly round in shape, as the face of a watch. Then all of Ethiopia covered by a minute hand as it sweeps around from 12 to 8 is covered by the Rickett Concession. Not in this area is Lake Tana, vital water source of the Anglo-Egyptian Sudan. On the imaginary watch, Tana is at the tip of the hour hand...

Author: /time Magazine | Title: ETHIOPIA: 12-to-8 Concession | 9/9/1935 | See Source »

...plane thundered out of sight Addis Ababa buzzed with rumors that Fat Chaps had also obtained a $20,000,000 dam and pumping station concession at Lake Tana, the object being to increase the volume of water reaching the Anglo-Egyptian Sudan...

Author: /time Magazine | Title: ETHIOPIA: 12-to-8 Concession | 9/9/1935 | See Source »

Particularly if a second concession, involving Lake Tana, has been obtained, Mr. Rickett is operating in what His Majesty's Government lately told the House of Commons is officially "one of the most vital spheres of British interest." In past decades concessions obtained by British promoters from unwary potentates have repeatedly enabled British diplomats, often years afterward, to wangle, bluff and bludgeon much Empire spoil into the bag. From this point of view the Lion's left paw seemed well placed last week...

Author: /time Magazine | Title: ETHIOPIA: 12-to-8 Concession | 9/9/1935 | See Source »

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