Memorandum for President Harry S. Truman, "Decisions Necessary if We Are to Move Forward Toward A Solution of the Iranian Dispute"
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OCR Page 1 of 8NLT (PSF-GEN.126 -
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SECUMIFF INFORMATION
MEMORANDUM FOR THE PRESIDENT
Subject: Decisions necessary if
We are to move forward toward a
solution of the Iranian dispute
Reference is made to the memorandum to you
of this date on the Iranian problem, in which were
outlined certain possible courses of action which
we may wish to develop further after r eceiving the
reply of the United Kingdom to our recent proposals.
Further action on our part will be contingent on
your agreement that if it develops that a program to
save Iran would require that you use the authority
given you under the Defense Production Act of 1950,
as amended, and if the more detailed program which
may be worked out meets with your approval, you will
be prepared to use that authority:
a. to authorize an advance of up to
$100,000,000 by DMPA against future pur-
chases of Iranian oil and oil products;
b.
to authorize under Section 708 (a) and (b)
a voluntary program under which one or
more United States companies, either alone
or in cooperation with Anglo Iranian Oil
Company, and possibly including one or
more of the "major" United States oil com-
panies, would purchase and market Iranian
oil and oil products.
I recommend that you indicate your willingness to
consider taking this action if necessary to the develop-
ment of a solution of the Iranian problem.
Enclosure
to
DECLASSIFIED
E. O. 11652, Sec. 3(E) and 5(D) or
use 83074
By NLT. HC NARS Data 1037
PROJECT NLT 77.63
DSD letter,
TOP SECRET
SEGURITY INFORMATION
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