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Updated: June 19, 2025
In 1881, when the Debt was first placed under international administration, Germany held only 4.7 per cent., of it, and was the sixth in importance of Turkey's creditors; by 1912 she held 20 per cent., and was second only to France . Her railway enterprises, more ambitious than those of any other foreign Power, have brought valuable concessions in their train harbour works at Haidar Pasha and Alexandretta, irrigation works in the Konia oasis and the Adana plain, and the prospect, when the Bagdad Railway reaches the Tigris, of tapping the naphtha deposits of Kerkuk . Dr.
The East India Company extended its authority quite as much by a system of alliances with indigenous rulers, who turned to our growing power to save them from destruction at the hands of Haidar Ali or of the Mahratta confederacy, as by mere force of arms, and, when it had to use force, its most decisive victories in the field were won by armies in which Indian troops fought shoulder to shoulder with British troops.
The present capital of the province, the city of Haidarabad, was founded in 1589 by a gentleman named Kutab Shah Mohammed Kuli, who afterward removed his household there on account of a lack of water and a malarial atmosphere at Golconda. He called the city in honor of his favorite concubine. The name means "the city of Haidar."
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