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    "ocrText": "5/15/543 Reel 4, Track 2, Page 11\nwith Mossadegh. The disagreement- when Mossie decided that this thing\nwas just politically infeasible from his standpoint in Iran, and when\nhe hoped to get a better deal with Eisenhower, the points that he raised\nwere di fferent points. One of them was this language, or the question of\nthe basis on which the Court-the guidelines that the Court would accept\nin determining the compensation, whether it was the compensation for the\ntermination of the enterprise or whether it was some other language which\nthe British wanted.\nMR. JESSUP (?) : At some stage they had it arranged on a sonewhat--an almost whimsical basis-\nsort of pick a law, any law, in which the Iranians had the right to pick\nany British nationalization law and then designate\nMR. NITZE:\nThis was still after (?)\nMR. MeGHEE:\nOf course, our position at the beginning was very weak for two reasons:\none, of course the fact that the British had nationalized industry; but\nN\nthe\nalso the Mexican oil settlement, where our government viewed the oil\nHAY US\ncompanies as very weak and settled for fifteen million dollars when they\nwanted ten times that amount and did not recognize any\nMR. NITZE:\nWe worked all this out with the companies; this is one of the things we\nwent to Mossadegh with--and that was, if you used the Mexican settlement\nas a basis and took=-I forget how many tons a year were involved in Mexico--\nbut if you took the percentage, the right porportion forIran, you came out\nto a figure of eight hundred million dollars for Iran. We actually got\npaid--the amount the Mexicans actually settled, if translated to the Iranian\nscene without adjustment for the increase in prices in the interval, would\nwork out to eight hundred million dollars for Iran.\nMR. McGHEE:\nWell, you see it was complicated by the fact that production in Mexico\ndropped off because the companies who participated in nationalization hadn't\nkept up the oil property, but also\nMR. HARRIMAN:\nWell, no. It was on the basis of the Dutch oil, meaning the Royal Dutch,"
}