This was at first left wholly to private enterprise; but, as Austrian buyers not only competed with each other but also with buyers from other countries, this was bound to send up prices, while the interests of the State were subordinated to private gain.
Three prospective buyers had looked at the house and at least one seemed interested.
Recent home buyers are suing to get their money back.
The first is that spinners would be performing the two functions of industrial management and cotton buying (together with others perhaps), and that in consequence the best industrial men would not necessarily be able to maintain their position in the trade because as buyers of cotton they might be unfortunate.
Ready buyers were not found for the state lands, and the sale of the ex-sultan's securities was disputed by the German Reichsbank with which they were deposited, while the government did not consider it good policy to sell the Anatolian railway shares, which it seized at Yildiz, so that only £T450,000 were encashed by the ministry of finance from these sources.