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...willow, pliable when he needs be to fill the job of Tory leader of the House of Lords, but he is also of the oak when principle is involved. Principle No. 1 is that Britain is not to be pushed around (his speech on the "scuttle" of Abadan was the most violent of all); principle No. 2 is that Britain's international conduct should be moral. Salisbury, the aristocrat, is aloofly superior to any cynical bargain, be it with Moscow or Peking, even when Churchill, the politician...

Author: /time Magazine | Title: International: Bobbety | 7/13/1953 | See Source »

...bridge of the 18,000-ton tanker Nissho Mam as she steamed into Tokyo Bay stood Captain Tatsuo Nitta, flashing a gold-toothed smile. He had just completed a three-week voyage from Abadan, bringing to Japan her first petroleum shipment (15,300 long tons of diesel oil and automobile gasoline) from Premier Mossadegh's nationalized oilfields. At a special introductory price averaging 5.35^ a gallon, he had quite a bargain. Waiting to receive Skipper Nitta at the Kawasaki dock was a cluster of Iranian traders...

Author: /time Magazine | Title: JAPAN: Whose Oil? | 5/18/1953 | See Source »

...Anglo-Iranian, the Kent plant was the first big milestone on the road back from the catastrophe of expropriation in Iran. Anglo-Iranian lost 77% of its production of crude and 80% of its refinery capacity in the billion-dollar plant at Abadan, largest refinery in the world. Coming on top of damage in Europe during the war, the Abadan loss was such a blow to Anglo-Iranian-as well as to the oil supply of the free world-that the major U.S. oil companies hastily pooled their resources to try to make up the deficit...

Author: /time Magazine | Title: OIL: Back from Abadan | 3/9/1953 | See Source »

...diplomatic triumph. Naguib last week paid him a well-earned tribute: "It was through Ambassador Caffery's good offices that many difficult points were ironed out." Some old-style British imperialists were horrified by the agreement, arguing that it was one more British retreat, like India, Burma and Abadan...

Author: /time Magazine | Title: MIDDLE EAST: A Page Is Turned | 2/23/1953 | See Source »

...thrown down a drain," and that the U.S. faces "the alternative of seeing Russia take over the whole of Persia or, if we are sufficiently farsighted, only the northern half." His urgent recommendation: "The U.S. should be prepared, if necessary, to occupy southern Persia and regain possession of [the Abadan oil refinery], preferably at the request of ... a Persian government sympathetic to the Western world." If Britain does not back the U.S., Childs says that the U.S. should act alone...

Author: /time Magazine | Title: MIDDLE EAST: One Diplomat's View | 2/16/1953 | See Source »

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