The Biggest Loser
March 31, 1952 — The Buffalo Courier-Express
Editorial in The Buffalo Courier-Express (Buffalo, New York) newspaper — Monday, March 31, 1952.
Collapse Faces Oil-Rich Iran
Potentially wealthy Iranís slide toward economic collapse seems to be proceeding apace. With a fortune in oil underground, the government of Premier Mohammed Mossadegh has hardly anything in the till and small prospects of replenishing it under present conditions.
While Neighbors Coin Money
Premier Mossadegh had hopes of a loan from the United States to provide the $120,000,000 it takes to carry the country over a 12-month period. But the American State Departmentís position is that a loan is not justified as long as Iran refuses to reach a settlement for reviving the oil industry which Premier Mossadegh reduced to a trickle when he nationalized it despite Iranís inability to operate it.
Now the premier has dropped his request for an American loan but stubbornly refuses to modify the attitude which has kept the oil industry dormant despite efforts of the World Bank to put it back into production.
Iran obviously is the chief loser in the oil deadlock. Meanwhile such Middle Eastern neighbors as Iraq and Saudi Arabia are rolling in oil revenues.
Fear of Successors Is Latest Mossadegh Excuse — Buffalo Courier-Express, March 27, 1953
Hope in Iran — The Pittsburgh Post-Gazette, August 29, 1952
Cute Oriental Trick — Amsterdam Evening Recorder and Daily Democrat, Jan. 23, 1952
MOSSADEGH t-shirts — ďIf I sit silently, I have sinnedĒ