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The Bennington Evening Banner
Bennington, Bennington County, Vermont
What is this article about?
In St. Petersburg, Ambassador McCormick is negotiating a treaty with Russia to grant US corporations the right to sue in Russian courts and reciprocal rights, plus equal privileges to those enjoyed by corporations from Germany, Greece, Bulgaria, and Italy. Negotiations are proceeding successfully.
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ST. PETERSBURG. April 4.-Ambassador McCormick is negotiating with the foreign office for a treaty with Russia which will give to United States corporations the right to sue in Russian courts and to Russian corporations the right to sue in courts of the United States. Under the Russian law United States corporations can be sued, but cannot sue in the courts of the empire. This has caused United States firms great annoyances as well as losses in the past. In addition the ambassador hopes to secure in the treaty a broad clause which will automatically give to United States corporations all privileges of whatever character now enjoyed by the corporations of any foreign country. The ambassador's advance has been met in the friendliest spirit. and the indications are that his negotiations will terminate successfully. The only countries now enjoying the privileges which Ambassador McCormick is striving to obtain for the United States are Germany, Greece, Bulgaria and Italy.
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Where did it happen?
Foreign News Details
Primary Location
St. Petersburg
Event Date
April 4
Key Persons
Outcome
negotiations met in the friendliest spirit with indications of successful termination; privileges currently enjoyed by germany, greece, bulgaria, and italy.
Event Details
Ambassador McCormick is negotiating with the foreign office for a treaty with Russia which will give to United States corporations the right to sue in Russian courts and to Russian corporations the right to sue in courts of the United States. Under the Russian law United States corporations can be sued, but cannot sue in the courts of the empire. This has caused United States firms great annoyances as well as losses in the past. In addition the ambassador hopes to secure in the treaty a broad clause which will automatically give to United States corporations all privileges of whatever character now enjoyed by the corporations of any foreign country.