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...Teheran, the U.S.-dominated World Bank offered to put up the money to reopen Iran's oilfields and refineries. Iran simply had to agree to a three-way profit splits-with equal shares for the bank, Iran, and for the oil purchasers (principally the dispossessed Anglo-Iranian Oil Co.). But Premier Mohammed Mossadegh wants no deals involving Anglo-Iranian; he gave the bank little welcome...

Author: /time Magazine | Title: MIDDLE EAST: Clumsy Broker | 1/14/1952 | See Source »

...suicidal quality of this fanaticism can be seen in the two men closest to Mossadegh in politics. Ayatulla Kashani is a zealot of Islam who has spent his life fighting the infidel British in Iraq and Iran. He controls the Teheran mobs (except those controlled by the Communists), and his terrorist organization assassinated Razmara. Hussein Makki controls the oil-rich province of Khuzistan, in which the Abadan refinery lies. When the British got out, Mossadegh put Makki in charge of the oil installations. Makki's view on oil: close up the wells, pull down the refinery and forget about...

Author: /time Magazine | Title: MAN OF THE YEAR: Challenge of the East | 1/7/1952 | See Source »

Died. Henry G. Bennett, 65, longtime (1928-50) president of Oklahoma A. & M., head of President Truman's Point Four program for aid to underdeveloped countries; in the crash of an Egyptian Airlines plane during a snowstorm; near Teheran, Iran. The son of an Arkansas Baptist minister, Bennett made A. & M. the big, prosperous school it is today; an expert agriculturist, he served last year as advisor to Ethiopia's Haile Selassie...

Author: /time Magazine | Title: Milestones, Dec. 31, 1951 | 12/31/1951 | See Source »

Iran's lower house of Parliament, the Majlis, was transformed into one of the strangest lodging houses in history. In one wing, six actors and three actresses rehearsed a French play called Robe Rouge for presentation in the Majlis gardens. The production was originally scheduled for Teheran's Saadi Theater, but Mossadegh's nationalist hoodlums, suspecting something leftist about the theater, had wrecked it. The Majlis, traditional refuge from political persecution, was the only safe place left for the players...

Author: /time Magazine | Title: IRAN: To Hell | 12/24/1951 | See Source »

Said the Times in an editorial: "These charges may have their effect on the street crowds of Teheran. They need no answer here. Journalism simply isn't conducted in the United States along the lines indicated by Dr. Fatemi...

Author: /time Magazine | Title: The Press: Kicked Out | 12/17/1951 | See Source »

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