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Early last week, Anglo-Iranian's negotiators had walked into the Teheran meeting room with a highly reasonable offer: the British would accept, almost without qualification, the principle of nationalizing Anglo-Iranian. They suggested this method of procedure: Britain would give up all its Iranian assets (worth about $1 billion) to an Iranian-owned Persian National Oil Co. In turn, the new company would contract with an operating concern to manage production. The operating concern would be directed by a joint British-Iranian board. Final item: Britain would pay Iran $28 million immediately, pay an additional...
Mossadeq's Victory. U.S. Ambassador Henry Grady, who had tried his somewhat naive best to mediate, retired in wounded pride to await another chance. No one believed it would come. Bands of Mossadeq's burliest. National Frontists charged into Anglo-Iranian's Teheran offices, ripped down the company signs, shouted: "We nationalize...
...story. "It is news," they said, "in the sense that what the U.S. is or is not doing in the Middle East will affect the future course of events just as much as the stuff in the headlines." Since that time, two assassinations and the law nationalizing the Anglo-Iranian Oil Company have made plenty of black headlines. And Secretary Dean Acheson finally admitted a fortnight ago that conditions there "might easily deteriorate into a situation out of which war could grow...
Chipper Charley Dressen, a bustling, 52-year-old veteran who salts his peppery chatter with baseball's four-letter Anglo-Saxon, has some sound reasons for his optimism. He has an infield which matches or betters any in either league, both in fielding and hitting, a stable of booming hitters (see box) and, in Roy Campanella, the best catcher in baseball. Though his pitching staff is a little short of reliable starters, it is long on reliefers, especially when handled by Dressen's particular brand of managerial magic-a shrewd combination of coaxing and coercion...
Just when it looked as if no common ground could be found, Anglo-Iranian agreed to send representatives to Teheran for "full and frank discussions." Firebrand Makki cooled off a few degrees, called Anglo-Iranian's gesture "satisfactory." The government was reported ready to postpone the actual take-over of Anglo-Iranian, pending the talks...