This could only be found in Germany, and therefore a close approximation between the two countries was natural.

Bismarck let it be known that England would find no support, but rather opposition, if she, on her side, attempted, as she so easily could have done, to impede German colonial enterprise.
In his colonial policy Bismarck refused to take the initiative; he refused, also, to undertake the direct responsibility for the government of their new possessions.

He imitated the older English plan, and left the government in the hands of private companies, who received a charter of incorporation; he avowedly was imitating the East India Company and the Hudson's Bay Company.

The responsibilities of the German Government were limited to a protection of the companies against the attack or interference by any other Power, and a general control over their actions.

In this way it was possible to avoid calling on the Reichstag for any large sum, or undertaking the responsibility of an extensive colonial establishment, for which at the time they had neither men nor experience.