Pompous Brit Hails Iran Oil Deal As Credit To England
On August 5, 1954, nearly one year after the famed anti-Mossadegh military coup in Iran (fomented by a joint Anglo-American covert operation), a settlement over the long-disputed British-owned refinery in Abadan was reached.
One Briton visiting America at the time took the opportunity to gloat about the result in an anonymous letter to the editor of The Pittsburgh Post-Gazette. The individual (if indeed this was a real person and not some propaganda stunt) proudly viewed the agreement as a “victory” for the resolve of his countrymen, and felt that Americans ought to recognize this.
In Britain itself, however, reaction to the oil consortium deal was mixed.
While some, relieved that the long ordeal was finally over, rated it satisfactory, others were livid over their severe diminishment in both profits and British prestige. “The agreement is the most successful robbery in the world’s history”, stewed The Daily Express in an editorial. “This robbery has been legalized for £25,000,000 payable over 10 years, beginning three years from now, and payable out of the proceeds of the theft.”
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