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Powers and by the United States. Far more explicit, however, were the provisions for equality of economic opportunity furnished by the Act of Algeciras. It provided not only for equality of trade, but for strict impartiality in loans and investments obtained from foreign countries. Still more important, the advantage of international over purely national control is shown in the provisions made for protecting the legitimate rights of the backward country which is the object of economic penetration.

As to the public services and the construction of public works, the Act declared that in no case should the rights of the "State over the public services of the Sheereefian Empire be alienated for the benefit of private interests." If the Moorish Government had recourse to foreign capital or industries in connection with the public services or public works, the Powers undertook to see that "the control of the State over such large undertakings of public interest remain intact"; tenders, "without