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Twenty-eight months of Mossadegh had left Iran a mendicant, left its finances $544 million in the hole, inflated its prices perilously, and set the country running into debt at the rate of $5,000,000 monthly. Iran needs $200 million in the next two years, $10 million forthwith...

Author: /time Magazine | Title: IRAN: Rescue Operation | 9/7/1953 | See Source »

...Handout. Where would the money come from? The commonsense answer: from the sale of its oil. But this involves a matter that no Iranian politician dared talk about yet, an agreement with Britain. Iran had ousted Mossadegh, but not outgrown him. Even the mild-mannered Shah last week said: "Let there be no mistake. There has been no change in the national movement...

Author: /time Magazine | Title: IRAN: Rescue Operation | 9/7/1953 | See Source »

Last April, when assassins murdered Mossadegh's police chief, the dragnet immediately went out for Zahedi, who took sanctuary in the Majlis for six weeks. When Mossadegh dissolved the Majlis, Zahedi fled secretly to the home of the commander of the Shah's Imperial Guards and continued to plot against Mossadegh...

Author: /time Magazine | Title: Foreign News: General Zahedi: After Mossadegh, A Tough Soldier | 8/31/1953 | See Source »

...night last week, the two enemies met once again. As the general waited in his office in Teheran's Officers Club to accept Mossadegh's surrender, the Premier shambled in past lines of soldiers, his shoulders slumped, his eyes in tears. "Solh ba shoma [Peace be with you]," said the general. "You see the tables are turned...

Author: /time Magazine | Title: Foreign News: General Zahedi: After Mossadegh, A Tough Soldier | 8/31/1953 | See Source »

...airport waiting room; the Italian police took him for an Iranian. Next day Ehrman reserved a lunch table close to the Shah's in the dining room of the Excelsior Hotel, arranged to get telephone bulletins from the A.P.'s office. When the news of Mossadegh's fall came in, Ehrman bounded past the waiters blocking his path, informed the Shah that he was still really in power, was rewarded by the Shah's telling him, before anybody else, of his plans to return to Iran. Ehrman brought a steady flow of A.P. bulletins...

Author: /time Magazine | Title: The Press: Novice at Work | 8/31/1953 | See Source »

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