Word: teheran
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...camel-hair bathrobe, Mohammed Mossadegh sat up in bed and received Hjalmar Schacht, chief fixer of Nazi Germany's elastic currency. In Teheran at Mossadegh's summons to take a look at Iran's Scheherazadian finances, Schacht presented Mossy with a plan to stave off bankruptcy. Main feature: increase the amount of money in circulation by 20%. He also pointed out that there was no real hope of balancing the books unless Mossy could reopen the source of nine-tenths of Iran's national income: the refinery at Abadan. Schacht added bluntly: Iranians are "lazy," ought...
Only three days before the Mossadegh government fell, Richardson had been in Teheran, talking with important political figures. All assured him things were now quiet in Iran, says Richardson, "including Mossadegh himself, who sat up in bed looking chipper and confident." Richardson flew to Jerusalem to check a report (which turned out to be unfounded) that a U.N. truce observer had resigned. He then returned to his Beirut base and found he had to write a background report on Mossadegh's successor, Qavam-only to get the report a few hours later that Qavam was out and Mossadegh back...
Then because of General Naguib's coup in Egypt, Richardson flew to Cairo, where he spent most of the next three weeks. Meanwhile, part-time correspondents in a number of capitals kept TIME informed of developments in their countries. From Teheran, Reza Kavoussi had sent in a running report of the street violence protesting the fall of Mossadegh. In Cairo. Mohamed Wagdi covered the opening hours of the Egyptian coup alone, then helped Richardson cover subsequent events...
Iran was under martial law for the second time in a month. Right-wing Nationalists and Communists, brawling in Teheran, set fire to offices, bombarded members of the U.S. military mission with rocks and cabbages. Mossadegh's problem was how to make sure that the Iranian army, which is four weeks behind in its pay, will stay loyal to the government. Desperately, he set up teams of free-lance tax gatherers with orders to soak Iran's wealthy landlords and traders for some of the taxes they have never bothered to pay. The tax collectors will...
Aware that what he decreed in Teheran might (and probably will) be ignored in the countryside, Mossadegh announced that resisting landlords will be jailed for two months and fined double the value of their first evasion. Second offenders will be fined quadruple the amount ordered...