THE CAMPINE AND THE CONGO.

Shannon News, 9 July 1926, Page 3

THE CAMPINE AND THE CONGO.

The development of “another Belgium” in the new Campine coal basin —north-east, of Antwerp—and the accretion of great wealth from the Congo are two points mentioned by Mr Bagge. As to the former, e says it is already proving an important factor in Belgium’s economic resources by reason not on y o additional output of coal, but also o the quality of this coal, which is ad. mirably adapted for cooking pu poses, a quality in which Belgium was singularly deficient. The development of this field means independence for Belgium in her supplies ot coke, and consequently constitutes a good credit factor in her intc tional trade balance. This coalfield is of still greater importance as a factor in the general industrial ex. pansion of Belgium. Already ics have sprung up m the JhstT , but what has been accomplished is but a beginning, for the network of roads, railways and canals vhic.l now under construction must necessarily be completed before the real development can take place and Campine can take its true pac _ Belgium’s economic resources. Phe Congo is' complementary to the Campine, for it is to the latter that the African colony’s ever-increasing out. put of copper, tin and other will be sent for refining. ? r ; to minerals the Congo yields g * diamonds, palm oil, copal and ivory, and it is yet in its infancy. Prosperity is not, and will not, be confined to individuals and companies operating in the colony, but is and will be enjoyed equally by the Government of the colony. The Gove l nment l , b reason of the conditxons of the various concessions granted, lar o e y interested, at no cost to itself, in t e fortunes of the concessions. The value of such holdings as at June 30 1925, was 1500 million francs, and the revenue from them moi« than covered the’ service of the• P » lie debt of the colony, of wtoch th capital amount of 750 million MORE MISHAPS DAILY!

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