Word: iranians
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Dates: during 1940-1949
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...Shah repaid President Truman's hospitality with a lavish dinner for 800 in the main' ballroom of the Shoreham-Hotel; the Iranian Embassy was too small to hold the dinner there. Said he: "The President is one of the finest men I ever...
...achieve her plan, Persia proposes to spend a total of $650 million, an estimated 35% to 40% of which will be spent abroad. The bulk of the development cash will come from Persian government royalties from the British Anglo-Iranian Oil Co. Anglo-Iranian last year paid Persia some $35 million in royalties, but a new pipeline to be built from Abadan on the Persian Gulf to Tripoli in Lebanon, under a deal between Anglo-Iranian, Standard Oil (N.J.) and Socony-Vacuum, is expected to let Anglo-Iranian boost output and raise royalties to as much as $50 million next...
Silent Partner. Sir William is the undisputed boss of all the commercial aspects of Anglo-Iranian; only in strategic matters can he be voted down by Lord Alanbrooke, wartime Chief of the Imperial General Staff, who represents the government on Anglo-Iranian's board...
...William learned oil chemistry at Glasgow's Royal Technical College, worked as an office boy in his father's oil shale company. In 1919, Anglo-Iranian (then called the Anglo-Persian Oil Co.) took over his father's company and "Willie came with the shale." He moved up to a directorship, then became Anglo-Iranian's deputy chairman. In 1931 he helped form Shell-Mex & B.P., Ltd. to market Anglo-Iranian and Shell products in Britain, and set up the Consolidated Refineries, Ltd. subsidiary which built such huge Anglo-Iranian installations as the refinery at Haifa...
Policy Arbiter. For Sir William and Anglo-Iranian, trouble is always in the offing. World War II cost them 44 of their 93 ships; during the Palestine fighting, they lost control of the Haifa refinery. But Sir William speedily got the refinery back, and he has rebuilt the tanker fleet to 121 ships, greater than ever. Since the war he has helped Anglo-Iranian boost its crude-oil production from 16.8 million tons in 1945 to 28 million tons...