Things Are Looking Up
November 25, 1953 — The Buffalo Courier-Express

The Mossadegh Project | March 13, 2019                      

An editorial in The Buffalo Courier-Express newspaper of Buffalo, New York.

Iran Oil Consortium | Archive of Documents (1953-1954)

Britain, New Iranian Regime
Closer to Oil Settlement

Prospects for solving Iran’s oil dispute apparently are looking up—both countries are making conciliatory gestures.

Britain’s Foreign Secretary Anthony Eden has formally advised Iran that Britain is ready to resume the diplomatic relations broken off 13 months ago by former Premier Mohammed Mossadegh, now on trial for treason. And Iran’s Premier Fazollah Zahedi has expressed willingness to accept Britain’s offer. [sic—Fazlollah Zahedi] He also has told his people that the remainder of their troubles “will be removed soon.” He added that “a period of prosperity will begin shortly”—an obvious reference to the restoration of Iran’s oil revenues, the country’s chief economic resource, which Dr. Mossadegh managed to reduce to virtually nothing by his nationalization policies.

Resumption of Iranian oil production will benefit all concerned, including the American taxpayer. The United States has been providing funds to keep the Zahedi Government going. If at long last a solution can be found, not the least of the credit will go to Herbert Hoover Jr., State Department oil consultant, who evidently has done well in his mission to get London and Tehran closer together in an effort to eliminate their long-standing controversy.

Divvying Up the Loot: The Iran Oil Consortium Agreement of 1954
Divvying Up the Loot: The Iran Oil Consortium Agreement of 1954


Related links:

Agreement on Iranian Oil Is Welcome to U.S. Taxpayers | Buffalo Courier-Express, Aug. 1954

John D. Jernegan on Iranian Oil Consortium Talks (May 15, 1954)

Joint Statement By Government of Iran and Oil Consortium (Aug. 5, 1954)

MOSSADEGH t-shirts — “If I sit silently, I have sinned”

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