Word: petrolling
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Lost, Scott & Black had made a previous stop at Kirkuk. where they beg-borrowed 20 gallons of "petrol" to continue. They left Bagdad close on the Mollisons' heels, flew straight to Allahabad, second control point, to take over the lead...
...Fundamentally Sound," The sequel to this patriotic Persian attempt to shake the foreigners down was a hasty visit to Teheran by Anglo-Persian's suave Board Chairman and "Petrol Diplomat." Sir John Cadman carried through the ensuing negotiations of high public policy on the private basis that "the Shah is my personal friend." The result was a new concession for Anglo-Persian running until 1993, but His Majesty squeezed down the area under lease to Anglo-Persian by more than half and while leaving Anglo-Persian in possession of its pipe lines deprived the British of exclusive Persian...
Stuffy Dutch burghers, members of the Netherlands Society for Industry and Commerce, opened at their meeting in Rotterdam last week a letter as explosive as two sticks of dynamite. Signed by Holland's world potent petrol tycoon, Sir Henri Deterding, it urged the Netherlands to reduce the gold content of the gulden, "in order to help trade...
Preliminary agreement on a new concession to supplant the disputed D'Arcy oil leases of Anglo-Persian Oil Co. Ltd. was reached three weeks ago (TIME, May 1). Last week came the final agreement and publication of the terms. Well satisfied, Britain's "Petrol Diplomat," tall, professorial Chairman Sir John Cadman of Anglo-Persian, slipped a copy of the new agreement in his pocket, packed his grips and flew from Beirut to Marseilles, after months of bickering, threatening, appeals to the League of Nations, the new-agreement provides: 1) The period of the concession is 60 years from...
Month ago the Petrol Diplomat reached Teheran and immediately began a series of secret conferences with the Shah. Be fore his arrival the League of Nations, through Dr. Eduard Benes, "Europe's Smartest Little Statesman," had laid the groundwork for a new agreement (TIME, Feb. 13). Last week came the announcement of a preliminary agreement between Sir John and Persia's Shah: Anglo-Persian will in future pay the Persian Government 21% royalties instead of 16% and will turn over 2½% of the profits of its subsidiaries. Persia on its part will grant the com pany...