Word: anglo
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...dispossessed Anglo-Iranian Oil Co. meanwhile announced in London that it would sue oil companies who buy Iranian oil from the Teheran government. London underlined its newly tough position by sending four more destroyers to join the ten warships already cruising in the Abadan area, again hinted that it would open fire, if necessary, to hold on to the British-built, $1 billion refinery...
Thus a Churchillian "shortfall" corresponds to a Washington "slippage," which is the deficiency in the "shortfall." In short, someone had better pin down "shortfall" before it furthers Anglo-American misunderstanding...
...rich Middle East, Harriman tried to end the chapter more happily. In five weeks at Teheran, he seemed to have built a bridge of compromise between the moderate proposals of the British and the demands of fanatic Iranian nationalists. The British accepted "in principle" Iranian nationalization of their giant Anglo-Iranian Oil Co. But over the details of the enterprise's future operation there was no meeting of minds or emotions...
...Anglo-Iranian, which has not produced a drop from its refinery in these weeks, will cut 70,000 Iranians from its payroll, stop the flow of revenue which accounts for 43% of the Iranian national budget. The British hoped such economic blows would compel a change of heart, perhaps through a change of government. But there was an unpleasant prospect in this plan: a Red-led regime and economic chaos might replace Mossadeq. The septuagenarian Premier himself clung desperately to a belief that Allah, or perhaps the U.S., would somehow retrieve the situation...
...Force public relations officers rushed around trying to soothe the townsfolk; at an Anglo-American garden party they talked hands across the sea and dismissed Joan Stocker as an impulsive youngster. At week's end, under their prodding eye, she issued a formal statement: "I would like to emphasize very strongly that I was not referring to the town of Newmarket . . . Our rent is just . . . The neighbors . . . have all been swell ... I am proud to live in Newmarket." Newmarket calmed down a bit again...