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...months that Ali Amini was Premier of Iran, he cut inflation, introduced sweeping land reforms, battled corruption. But one thing Amini could not do was balance the budget. Last week, faced by a deficit of at least $85 million, he sorrowfully turned in his resignation to the Shah. Amini at first blamed lack of U.S. aid for his downfall; he has long felt that Washington is more generous to neutralists, particularly Egypt, than to its Iranian ally. Next day Amini withdrew the accusation...

Author: /time Magazine | Title: Iran: The Reformer's Lot | 7/27/1962 | See Source »

Powerful Foes. Amini had tried to persuade his Cabinet, especially the army, to trim expenditures. The Shah could have used his authority to back the Premier's demands, but did not. While the ministers argued over the budget (two even came to blows), the financial crisis deepened, partly as a result of Amini's realistic reforms. The Treasury lost a major source of revenue after a ban on foreign luxury goods reduced import duties to almost zero; the punctured inflationary balloon resulted in a recession...

Author: /time Magazine | Title: Iran: The Reformer's Lot | 7/27/1962 | See Source »

Though Dave frequently meets the high and mighty in his post, he is pretty casual about it all. He describes the Shah of Iran as "my kind of shah," charmed Britain's Prime Minister Macmillan by presenting him to Kennedy as "the greatest name in Britain." Meeting Grace Kelly and Rainier on the White House steps, Powers was so taken by Grace's beauty that he said. "Welcome to the White House, Princess," then turned away before remembering that her husband was there too. He wheeled around and added: "And you too, Prince." When he met Nikita Khrushchev...

Author: /time Magazine | Title: The Administration: One of the Boys | 7/20/1962 | See Source »

Abol Hassan Ebtehaj, 62, is a brilliant but irascible banker and economic planner whose frequent forceful criticism of Iranian corruption and autocracy outraged Cabinet ministers and even members of the Shah's entourage. With equal bluntness he attacked the U.S. for "spoiling us little children" with massive military aid, accused Washington of doling out economic assistance without sufficient planning. For years, Iranian officialdom tolerated him simply because Ebtehaj was essential to the country's economy. As chief of Iran's Plan Organization from 1954 to 1959, he initiated the country's ambitious land and industrial development...

Author: /time Magazine | Title: Iran: End of a Tragicomedy | 6/22/1962 | See Source »

Last month, after the entire top echelon of the Plan Organization resigned because Justice Ministry gumshoes had brought all work to a standstill by asking "thousands of stupid, irrelevant and vexatious questions," Amini promised to take immediate action on Ebtehaj's case. More important, the Shah himself became a frequent visitor to a Teheran bowling alley owned by Mrs. Ebtehaj, promised to help her husband get out of jail...

Author: /time Magazine | Title: Iran: End of a Tragicomedy | 6/22/1962 | See Source »

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