Word: abadan
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Dates: during 1940-1949
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...estimated 35% to 40% of which will be spent abroad. The bulk of the development cash will come from Persian government royalties from the British Anglo-Iranian Oil Co. Anglo-Iranian last year paid Persia some $35 million in royalties, but a new pipeline to be built from Abadan on the Persian Gulf to Tripoli in Lebanon, under a deal between Anglo-Iranian, Standard Oil (N.J.) and Socony-Vacuum, is expected to let Anglo-Iranian boost output and raise royalties to as much as $50 million next year...
...mollify Anglo-Iranian, concerned about selling its own production in Iran, Jersey Standard planned to buy substantial quantities of oil over the next 20 years. To transport it, Anglo-Iranian will build a pipeline from Abadan on the Persian Gulf to the Mediterranean-with Standard footing about $30,000,000 of the bill...
...retrospect, Ambassador Ala seemed U.N.'s first hero for his courageous fight last spring. But Gavam had won the other half of Persia's battle by repressive measures against the Tudeh Party. First Gavam broke last July's bloody strike of Tudeh-led Abadan oil workers. In mid-October, he kicked three Tudeh men out of his Cabinet, then muzzled the Tudeh press. Result : an independent, but not a very democratic, Persia...
...Cabinet (which includes Dr. Morteza Yaz di, a wealthy Soviet sympathizer) got the posts of Commerce & Industry, Education and Health, but not the key posts of War, Foreign Affairs (Gavam) and Justice. To counter Tudeh agitation the British moved some troops up to Basra, close to the Abadan flashpoint...
Jimmy Byrnes, in a memorable phrase last February, denounced Russia's "unilateral gnawing away at the status quo." The Abadan strike and related developments were reminders to the West that in large parts of the world the economic and social status quo could not be preserved indefinitely and that unless Britain and the U.S. improved the status quo the Russians would go on gnawing-or take a quick bite...