Today in History: 25 1889 5 XNUMX in the Ottoman-Hirsch conflict. refereed

In the Ottoman-Hirsch conflict, on February 25, 1889, the 5th referee was made due to the contract. German lawyer Gneist decided to pay Hirsch 27 million 500 thousand francs to the Ottoman State. After this decision, Hirsch decided to withdraw from Rumeli railways. He transferred his shares to Deutch Bank and Vienna Bank-Verein (Vienna Banks Group). Construction was unfinished and the lines passed under the control of the Germans.

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