The unsuccessful endeavors of Peter Augustus Jay, U. S. Minister to Bucharest, in attempting to dissuade the Rumanian Government from enacting a bill prejudicial to the interests of U. S. capital in Rumania had but one result: able Diplomat Jay is returning to the U. S. to explain to the State Department the complicated situation.
The situation is that U. S. concerns have upward of $150,000,000 invested in Rumania of which $70,000,000 alone represents the investments of the Standard Oil Co. The Bratiano brothers (Jon Bratiano, Premier; Vintila Bratiano, Minister of Finance) piloted through the Senate and the Chamber of...