“Common Sense and Judgement” Suggested
August 11, 1954 — Amsterdam Evening Recorder
August 11, 1954 — Amsterdam Evening Recorder
| The Mossadegh Project | January 6, 2013 |
Editorial from The Amsterdam Evening Recorder and Daily Democrat, a newspaper covering the city of Amsterdam and Montgomery County, New York. The money quote:
“...the oil companies were willing to accept almost any reasonable arrangement from Mossadegh...”
No, there was only one company (AIOC), and they were anything but reasonable.
• Iran Oil Consortium | Archive of Documents (1953-1954)
Agreement in Iran
At the peak of the power of Mohammed Mossadegh in Iran, foreign oil companies were ousted from the country. Oil production dropped and revenue for Iran dropped.The stubbornness of watery-eyed Mossadegh on the oil question caused trouble throughout the world. Now, after several years of bickering and loss to everyone concerned, an agreement has been reached which will reactivate Iran’s oil industry to the profit of private investors and the country.
Had common sense and judgement been employed when the oil crisis came to a head in Iran the years of unproductiveness could have been avoided. At the time the oil companies were willing to accept almost any reasonable arrangement from Mossadegh, who has since fallen from power and is now imprisoned. Mossadegh had used the oil question as a lever to pry more and more power for himself.
There is scarcely any question which cannot be settled by reasonable men willing to make the effort. But an effort is required by both parties to any controversy. It is too bad that the effort is frequently delayed until great damage has been done.
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Related links:
Price of ‘Gas’ Involved | The Utica Observer-Dispatch, November 2, 1954
Hopeful Developments in Trouble Spots | The Brooklyn Eagle, December 10, 1953
Lessons From Iran | The Wall Street Journal, August 21, 1953
MOSSADEGH t-shirts — “If I sit silently, I have sinned”
