Memorandum of Conversation with Secretary of State Dean Acheson and Former Senator Millard Tydings

Extracted text

OCR Page 1 of 5
SECRET conf SECURITY INFORMATION 518 August 20, 1952 258 Former Senator Millard Tydings came in this morning at 10:30 by appointment. He said he was sorry the Secretary was not in, but he felt the matter he wished to discuss was so urgent that he wanted to present it at the earliest possible date. He said that approximately three months ago, Prime Minister Mossadegh of Iran sent a confidential message to him, stating that he wanted Tydings to act on behalf of Iran and attempt to negotiate an oil settlement with the British. The Prime Minister said he was sending to Tydings an outline of the six main points which Mossadegh felt were essential to a settlement from the Iranian point of view and was also setting forth the limits, in terms of negotiation, beyond which Tydings could not go. Mossadegh felt it was essential that Tydings conduct his negotiations with the British on American soil and not, under any circumstances, go to the U.K. After considering the status and gathering information on the Iranian oil situation for approximately two weeks, Tydings decided to do two things. The first was to request Mossadegh to send an adviser to the U.S. so that if Tydings entered into negotiations and any problem relating to the facts of the situation arose, on which Tydings might not be informed, he would have Iranian advice at hand. The second was to proceed to New York and discuss the matter with the top officials of Morgan and Company. Mossadegh refused to send an adviser, and informed Tydings that he could not rely on anyone around him. He said Tydings had his confidence and would have to manage on his own, basing his position on the outline which Mossadegh had sent. Tydings explained that it was his plan to get in touch with the British through Morgan and Company, and if negotiations were to be held, he then would inform the Department of State. If the negotiations were not to be held, there would be no point in inform- ing the Department. Tydings proceeded to New York and discussed the matter with Mr. Alexander, President, and Mr. Lamont of Morgan and Company. DECLASSIFIED E. O. 11652, Sec. 3(E) and 5(D) or (E) 10.26.76 Dept. of State letter, SECREN Bz NLT- He NARS Date 11-29-76 SECURITY INFORMATION