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-2- will not be required indefinitely. lie think the time element is so short that the first step in providing funds to the Iranian Government must be taken before any final and elaborate agreement could be worked out. We therefore propose that the British and American Dovernments jointly make our offer along the following lines to Dr. Mosadeq: 1. The United States will make en inmediate grant of $10,000,000 to the Iranian Government. 2. The Anglo-Iranian oil Company or some other agency designated by the British Government will purchase from Iran all the oil products presently held in storage by the National Iranian 011 Company at the commercial Persian Gulf prices less an appropriate discount. 3. On the basis of the proposal discussed between Dr. Mosadeq and the British Charge' in Tehran on July 25, it would be agreed that an arbitral commission consisting of three persons should be set up immediately to consider the question of compensation. Neither the American grant of $10,000,000 nor the start of British oil purchases would be held up pending the commencement of the arbitral procedure. 4. liegotiations looking toward a more permanent arrangement for the

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2
Source index
0
Type
photo
Media ID
7b2acf7dd8172602
Size
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Document data

ID
193225456
Core
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Type
document
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Page context
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    "ocrText": "-2-\nwill not be required indefinitely.\nlie think the time element is so short that the first step in\nproviding funds to the Iranian Government must be taken before any\nfinal and elaborate agreement could be worked out.\nWe therefore propose that the British and American Dovernments\njointly make our offer along the following lines to Dr. Mosadeq:\n1. The United States will make en inmediate grant of $10,000,000\nto the Iranian Government.\n2. The Anglo-Iranian oil Company or some other agency designated\nby the British Government will purchase from Iran all the oil products\npresently held in storage by the National Iranian 011 Company at the\ncommercial Persian Gulf prices less an appropriate discount.\n3. On the basis of the proposal discussed between Dr. Mosadeq\nand the British Charge' in Tehran on July 25, it would be agreed\nthat an arbitral commission consisting of three persons should be\nset up immediately to consider the question of compensation. Neither\nthe American grant of $10,000,000 nor the start of British oil\npurchases would be held up pending the commencement of the arbitral\nprocedure.\n4. liegotiations looking toward a more permanent arrangement\nfor the"
}