OIL DISPUTE

Manawatu Standard, Volume LIII, Issue 27, 29 December 1932, Page 7

OIL DISPUTE

PERSIAN GOVERNMENT’S VIEW. INTERVENTION DKPRECATED. "SHARE OF PROFITS WANTED.” (United Press .Association —By Electric Telegraph.—Copyright.) Received December 29, 11.30 a.m. LONDON, Dec. 28. The British United Press correspondent at Teheran states that in an exclusive interview the Foreign Minister, Alikhan Foroughi, reiterated that Britain's intervention had prevented an amicable revision of the Anglo-Persian Oil Co.’s concession, which Persia is still willing to discuss. Teheran was the oidy possible venue of discussions, he added. Meanwhile, Persia refused to withdraw the cancellation of an ‘‘idiotic transaction under extremely one-sided and unfavourable conditions.” There was no illtv ii l, prejudice or unfriendliness to Britain. The suggestion that Soviet, American or otner interests were behind the Government’s action was merely a baseless endeavour to poison world opinion. Britain, by invoking Article 15 of the League Covenant, had brought the controversy into the category of disputes which might load to a diplomatic rupture. He regarded this as an instance of Britain’s unfriendly attitude to Persia, which appreciated the company’s pioneering but wanted a due share of the profits.