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In
November 1906 the American Congo Company was granted a 99-year licence to gather rubber and other vegetable products over a tract of land covering 4,000 square miles (10,000 km). It was also given a 10-year option to buy 2,000 square miles (5,200 km) of land. The company was to plant 50
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as a tenant. In a convention of 6 February 1965 for settling the portfolio of the former
Belgian Congo Colony, Article 15 transferred ownership of securities to the Democratic Republic of the Congo. These included 2,500 preferred shares of $ 100 and 100 common shares of $ 100 of the American Congo
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In 1912 the
American Congo Company established rubber processing factories in Kimpoko and Black River. In practice, the rapid development of Malayan rubber plantations meant that the Congo development was unsuccessful, and the guayule process was never thoroughly tested. In 1921 the American Congo
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was doing in the Congo Free State. The treaty of 28 November 1908 ceding the Congo Free State to
Belgium included a clause in which Belgium respected the concessions granted to the American Congo Company and Forminière, two companies in which the Congo Free State had large holdings The American
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Company forfeited its forest products license in exchange for full ownership of 386 square miles (1,000 km) and exclusive rights for 91 years to diamond mines it found elsewhere. By 1926 Forescom was operating the establishments of the
American Congo Company in
128:). Americans took 25% to 50% of Forminière shares, with Leopold, the Congo Free State and Belgian investors holding the rest. One of the purposes of the American Congo Company was to explore and exploit Forminière's mineral resources.
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to keep the United States government from meddling in the Congo Free State. The result of the exposé was that the
American government now had good reason to look into what
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on 22 October 1906. It was originally capitalized at $ 510,000, a sum that was soon increased to $ 25,000,000. Also in 1906, King
Leopold II arranged the creation of the
138:) for every 200 pounds (91 kg) of rubber extracted. It planned to conduct experiments on different varieties of rubber plants. The region was along the
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Convention pour le règlement des questions relatives à la dette publique et au portefeuille de la
Colonie du Congo belge
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Arctic
Network Builders: The Arctic Coal Company's Operations On Spitsbergen And Its Relationship With The Environment
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173:. Through these two companies Americans owned up to half of the Belgian Congo's diamond operations.
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The Congo Reform
Association and the beginning of Transnational Humanitarianism, 1904-1913
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92:. At first it was focused on rubber extraction, but that soon shifted to diamond mining.
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Soon after the American Congo Company was formed it was the subject of an exposé by the
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which claimed that the owners had influenced Secretary of State
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Company. 177,750 shares of Forminière were also transferred.
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La Société forestière et commerciale du Congo belge FORESCOM
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was a US-owned concessionary company that was active in the
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146:. Leopold was to receive half the profits of the company.
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Defunct forest products companies of the United States
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Sociètè Internationale Forestière et Minière du Congo
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The United States and the Congo Question, 1884-1914
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409:. Vol. 6 (11th ed.). pp. 917–928.
108:. Other participants included Edwin B. Aldrich,
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591:1906 establishments in the Congo Free State
539:"America's Early Role in the Congo Tragedy"
509:(thesis), Michigan Technological University
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437:(Thesis), Liverpool John Moores University
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100:The American Congo Company was founded by
16:Defunct forestry company in Belgian Congo
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169:Congo Company became a subsidiary of
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381:Convention pour le règlement ...1965
369:Convention pour le règlement ...1965
357:Convention pour le règlement ...1965
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558:The German Empire of Central Africa
537:Wuliger, Robert (10 October 2007),
473:, New York: Charles Scribner's Sons
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116:The company was incorporated in
564:, New York: George H. Doran Co.
526:(thesis), Ohio State University
467:Davis, Richard Harding (1907),
397:Cana, Frank Richardson (1911).
470:The Congo and Coasts of Africa
1:
503:Hartnell, Cameron C. (2009),
419:: CS1 maint: date and year (
132:feet (15 m) of guayule (
142:up to the confluence of the
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520:McStallworth, Paul (1955),
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36:October 22, 1906
555:Zimmermann, Emil (1918),
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400:"Congo Free State"
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428:Clay, Dean (May 2019),
406:Encyclopædia Britannica
114:John D. Rockefeller Jr.
88:and its successor, the
82:American Congo Company
20:American Congo Company
484:Ergo, André-Bernard,
166:Leopold II of Belgium
135:Parthenium argentatum
102:Thomas Fortune Ryan
57:Thomas Fortune Ryan
28:Resource extraction
21:
275:, p. 102-103.
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456:, 6 February 1965
415:cite encyclopedia
333:McStallworth 1955
261:McStallworth 1955
234:McStallworth 1955
157:New York American
106:Daniel Guggenheim
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110:J. P. Morgan
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144:Kasai River
140:Congo River
68:Area served
580:Categories
568:2021-09-19
548:2021-09-19
543:The Nation
530:2021-09-19
513:2021-09-19
496:2021-09-19
477:2021-09-19
460:2021-09-19
441:2021-09-19
273:Davis 1907
171:Forminière
162:Elihu Root
126:Forminière
40:1906-10-22
297:Cana 1911
285:Clay 2019
222:Clay 2019
96:Formation
183:Kwamouth
53:Founders
25:Industry
390:Sources
150:History
38: (
33:Founded
179:Bolobo
562:(PDF)
491:(PDF)
454:(PDF)
435:(PDF)
190:Notes
421:link
345:Ergo
181:and
112:and
104:and
80:The
59:and
44:in
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417:}}
413:{{
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241:^
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124:(
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