Word: anglo
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Europe's best known oil tycoon is potent, mysterious Sir Henri Deterding, Director General of Royal Dutch-Shell. As far as the British Government is concerned, Europe's most useful oil tycoon is brisk, smooth-faced Sir John Cadman, chairman of Anglo-Persian Oil Co., Ltd., and an associate of Sir Henri's in distributing oil in the Orient...
...British Press Sir John Cadman has still another name: the Petrol Diplomat. He cinched his title once again last week by ending amicably Britain's five-month squabble with the Persian Government over Anglo-Persian's oil leases (TIME...
Persia's wild-riding, self-made "King of Kings," Reza Shah Pahlevi never denied that the original Anglo-Persian concession was not factually binding. One of his predecessors, paunchy Shah Muzzafar-uddin, in 1901 signed away Persian oil rights to 500,000 sq. mi. of territory for $20,000. Canceling the concession last November Reza Shah announced as his excuse that a modern Persian Government must not be held to acts committed "prior to the establishment of a constitutional regime," i. e., the Government of Reza Shah...
Britain's Parliament boiled then with talk of gunboats. Anglo-Persian's Sir John Cadman was in California at the time. Discounting inflammatory British talk, he started home with the mild remark...
Breaking official relations with the Government after the San Remo Agreement, Sir John joined Anglo-Persian as a director. He remained on intimate terms with Downing Street. The British Government still owns the majority of Anglo-Persian stock...