Word: monarchically
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...moment seems unprepared to meet such a challenge. After weeks of indecision and disbelief, the Carter Administration finally realized last month that the Shah's days as an absolute monarch were ending. From the very beginning of the cold war, the Shah's country had been a cornerstone of the Central Treaty Organization (CENTO)* and a bulwark of Western influence. It was largely the U.S. that restored the ruler to his Peacock Throne after the overthrow of Premier Mohammed Mossadegh in 1953. Yet U.S. intelligence failed dismally at assessing the depth and range of opposition to the Shah...
...obvious attempt to reassure his opponents, the palace announced that "it is possible that after the installation of a civil government the Shah may go with his family on his routine annual winter vacation." This was calculated as yet a further concession to skeptics, since the monarch earlier had balked at the suggestion that he take a "temporary absence" from Iran so that order could be restored. The skeptics were not impressed, since there was no way that they could be assured that the Shah would keep his word...
...true that more foreigners are acquiring land than ever before, but the numbers are still very small. In Texas, Prince Franz Joseph, the 72-year-old monarch of the 40,000-acre Principality of Liechtenstein, bought 16,000 acres of ranch land. Across the country, other rich aliens are doing the same. Germans and Italians are the heaviest investors, followed by the British, French, Belgians, Canadians and Dutch. Neither the Arabs nor the Japanese seem to be in the market. Most of the buyers are good neighbors who often lease the land back to Americans and pour in development money...
Former President Gerald R. Ford said the Shah of Iran's power might not be in jeopardy today if the Carter administration had stood fast in support of the monarch. Meanwhile, Sen.-elect Paul Tsongas (D-Mass.) attacked the timing of U.S. recognition of China, which he said may result in the defeat of a SALT treaty with the Soviet Union...
...Shah continued his unsuccessful efforts to put together a civilian government. He needs to find a strong Premier absolute monarch, and must take urgent steps if he wants to ensure the survival of the Pahlavi dynasty. In Ball's view, the best the Shah could hope for would be a constitutional monarchy containing moderate members of the opposition. An alternative would be to establish a regency under his son, Crown Prince Reza, who is now in advanced fighter-pilot training in Texas. Ideally, this regency would be supported by moderate opposition leaders, middle-ranking army officers and key religious leaders...