Word: reza
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Once he makes up his mind Persia's sharp-nosed "King of Kings," Reza Shah Pahlevi. is a tiger for action. Last week he sprang on Anglo-Persian Oil Co. Ltd., stock control of which is held by the Government of Britain's King George V, no tiger. In Teheran, with Reza Shah Pahlevi presiding, the Persian Cabinet denounced and cancelled Anglo-Persian's concession to exploit 500,000 sq. mi. of Persian oil land which was to have run until...
Meanwhile on London 'Change common shares of Anglo-Persian slumped 12% in value (a paper loss to His Majesty's Government of over ?2,000,000). Reza Shah Pahlevi had struck so suddenly that Anglo-Persian Board Chairman Sir John Cadman was not in London to receive the blow but in San Francisco. To California newshawks, long-jawed Sir John said with perfect aplomb. "All this is not so serious as it might appear, inasmuch as Persia lacks power to cancel the concession...
Swagger Shah Reza Khan Pahlavi, "King of Kings," itched with impatience last week to take delivery of the first effective Navy which Persia has ever had. Built complete in Italy for the dirt-cheap price of $2,000,000, Persia's new Navy consists of two small gunboats mounting four-inch, three-inch and anti-aircraft guns plus four smaller gunboats with three-inch guns. Last week, proudly flying Persia's leonine standard,* the Navy steamed out of Naples, bound for the Persian port of Mohammerah. Officers and crews of the six new ships are 100% Persian, smartly...
...discreet battle against Persian backwardness shrewd Shah Reza, "The King of Kings," scored again last week against the country's Moslem hierarchy...
Abruptly, Royal Boss Reza created the Persian Foreign Trade Department, gave it monopoly powers. Last week in Stockholm a swarthy Representative of the P. F. T. D. let important contracts to eleven Swedish firms, among them Swedish General Electric, Atlas Diesel (engines), Nydquist & Holm (locomotives) and the Gota Shipyards. Persia's blanket purchase totaled $2,680,000, represents chiefly structural steel, rails and other equipment for modernizing Persia's transport system...