Word: mossadeq
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...jolly good offer," said Stokes-and indeed it was. (He estimated that it would triple Iran's royalties, which were $44,800,000 in 1950.) But Premier Mohammed Mossadeq thought otherwise, and promptly sank down with a heart attack. The frenetically suspicious Iranians seemed to be convinced that Britain was killing off Anglo-Iranian only on paper, and that the British would in fact still control Iran's oil industry...
Iran's more apoplectic nationalists do not like the way U.S. Troubleshooter W. Averell Harriman and Premier Mohammed Mossadeq got .together to try to patch up the oil crisis. Last week the nationalists accused Mossadeq of making too many concessions to resume negotiations with the British. The fanatically nationalist organization, Fedayan Islam, one of whose gunmen killed Premier AH Razmara last March, reportedly threatened Mossadeq's frail life. One day last week Mossadeq walked into the Parliament building to explain to a Senate session why he had agreed to negotiate once more. Said Mossadeq, his voice quavering...
...Senate sat in stony silence. Mossadeq hobbled out of the chamber. Next day, when he made the same statement to the lower house, a deputy shouted: "Oh, thou aged traitor...
...Mossadeq sought to keep vague and veiled just what concessions he had made. But London let some of the terms slip. Mossadeq had insisted that the original Iranian oil nationalization law be accepted by the British in its general terms, without reservation; but he abandoned, temporarily at least, his insistence on the second law, which spells out in nine tough points exactly how nationalization is to be accomplished. Some of the points: Anglo-Iranian to be taken over "immediately"; Anglo-Iranian to pay Iran an extra sum for all the oil it took out of the ground after March...
...week's end, Britain's Lord Privy Seal and new oil negotiator, Richard Stokes, flew into Teheran with four assistants. His government has already expressed its sympathy with Iranian aspirations, but Stokes and Mossadeq will have to agree on: 1) a scheme for joint British-Iranian companies to refine and market the oil; 2) away to split the profits...