(Shorter this time, mostly a lore dump, please critique my half-baked modernization scheme.)
Chapter 2: The Great Imperial Railways
Haile Selesse was tired. It had been a productive meeting, but also a long and somewhat contentious one.
Before Zewditu’s death, Haile Selesse in his capacity as
Balemulu 'Inderase (Regent) and later
Negus (King) under the Empress had met with several railway firms of both European and American extraction in attempt to expand Ethiopia’s rail networks on several occasions.
Besides the Liberian Dutch-Negro Railroad Partnership’s proposal to expand the existing Franco-Ethiopian Railway line to Jimma, and thus ensure that greater amounts of plantation coffee could reach the Red Sea; there was also a proposal by the Franco-Ethiopian Railway Company (1) itself to construct a line to the southern town of Dilla, in whose vicinity gold had been prospected before (2). English and American companies together had been granted generous concessions to construct railways to Keberi Dehar, where Standard Oil had found oil and natural gas (3); and also to construct a narrow track whose primary purpose would be for military and logistical use linking the capital to the northern city of Mekelle.
These projects together had been put under the direction of a Ministry of Transport, and the collective proposed railways were to be called the Great Imperial Railways. Under Zewditu, some desultory efforts had taken place on the Dilla line, and the Mekelle line had been completed up to Weldiya. The Ministry of Transport had estimated the following, somewhat optimistic… completion dates for railway construction. They argued that since multiple companies were constructing railways at once, that they could be completed faster.
Mekelle Line [Red/Northern] (various Anglo-American companies) Line finished up to Weldiya, completion date estimated late 1932.
Jimma Line [Green] (Dutch-Negro Railway Partnership) completion date estimated 1934.
Dilla Line [Blue] (Franco-Ethiopian Railway Company) completion date estimated 1934.
Kebri Dehar Line [Red/Southern] (various Anglo-American companies) completion date estimated 1936.
The meeting today then, had been to determine the beginnings specifics of the concessions that would be granted in exchange for the constructions of these railroads.
The Dutch-Negro Railway Partnership’s Jimma Line had been by far the simplest, with the Partnership putting up 65% of the startup funds in exchange for a small percentage of the future coffee revenues taxed along the railroad.
The Mekelee Line had already been started, and the associated companies needed only to be reassured by the Emperor that the previously negotiated loan payments for the construction of the line would be paid.
The Dilla Line would be financed in the same fashion as the old Djibouti line. A joint Ethiopian/Anglo/French holding company would put up the money and stock would be sold in Europe to interested investors.
It was the Kebri Dehar line that proved the most continuous. The British and American railway companies, the British government, and Standard Oil all wanted some form of concession. The Emperor had left the Ministry of Transport to negotiate with them. Hopefully they could arrive at some settlement within the next few days.
The Emperor rested in his sitting room, thinking:
If the Imperial Railways are completed, it will greatly strengthen our nation. Gold, coffee and God-willing oil flowing out of Djibouti will greatly increase our revenues. The railways themselves will help my armies move to combat any incursion or rebellion. And who knows… Western investment has its dangers, but if I can keep the Liberians/UNIA, the Dutch, the British, the French and the Americans all imterested, they'll have a reason to be financially invested in the Empire, it will keep them more committed to the League, and less willing to tolerate any Italian incursions. And hopefully they’ll be too busy competing with one another to acquire too much economic control over us.
With these plans and hopes whirling about in the Emperor’s mind, he ate a light supper and retired to paperwork, and a few snatched moments with his Bible. Sleep came late for him. And the Emperor had a fitful rest. That night, he had the nightmare again.
----------------------------------------------------------------------------------------------------
1. This is the OTL railroad.
2. Closest town to Ethiopia's OTL gold mine.
3. Found by Standard Oil in 1920 both OTL and ITTL.