Word: pahlevi
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Once he makes up his mind Persia's sharp-nosed "King of Kings," Reza Shah Pahlevi. is a tiger for action. Last week he sprang on Anglo-Persian Oil Co. Ltd., stock control of which is held by the Government of Britain's King George V, no tiger. In Teheran, with Reza Shah Pahlevi presiding, the Persian Cabinet denounced and cancelled Anglo-Persian's concession to exploit 500,000 sq. mi. of Persian oil land which was to have run until...
Meanwhile on London 'Change common shares of Anglo-Persian slumped 12% in value (a paper loss to His Majesty's Government of over ?2,000,000). Reza Shah Pahlevi had struck so suddenly that Anglo-Persian Board Chairman Sir John Cadman was not in London to receive the blow but in San Francisco. To California newshawks, long-jawed Sir John said with perfect aplomb. "All this is not so serious as it might appear, inasmuch as Persia lacks power to cancel the concession...
Captain Anthony Eden, Under Secretary for Foreign Affairs, told the House of Commons that Great Britain "won't tolerate any interference" by the Persian Government but will endeavor to settle things amicably. In Cabinet circles Reza Shah Pahlevi's action was called second in importance only to the question whether Great Britain would make her Dec. 15 debt payment to the U. S. As every Englishman knows, the oil resources of Anglo-Persian-strategically located between India and Britain-are vital to the Admiralty, must be retained at any cost...
...Haim, Jewish member of the Persian Parliament and acting president of the Zionist Organization of Persia, was arrested for writing a letter to the League of Nations complaining of the treatment of Jews in Persia. Persia's Shah, Riza Pahlevi. who stands no nonsense, summoned Zionist leaders, ordered them to make a full retraction of their charges. Zionist Haim said that he would, on condition that persecution of Jews cease, that the Chief of Police be dismissed...
...long ago Reza Pahlevi, the King of Kings, the Shah of Shahs, self-made Monarch & Boss of Persia, looked upon neighboring Russia's Five Year plan and found much of it good. What most strongly impressed His Majesty was the titanic bargaining power in world markets of a nation which, like Soviet Russia, places its entire foreign trade in the hands of a State Monopoly...