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It is still going on.
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And, so, lots of money was invested in Russia,
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particularly in Russian railroads;
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they invest in Spanish railroads, and in Italian railroads,
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and in other things as well.
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But there is this conduit; and money has a big influence in diplomatic matters,
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and if you're trying to explain why it is that the French ambassador,
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a totally forgettable guy called Maurice Paléologue,
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is chasing around in the garden representatives of the czar,
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trying to firm up the details that russia will,
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if France is invaded by Germany,
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move its armies in this direction and attack Russia