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-4 cmo 340, July 24, 11 a.m. (SECTION ONE OF TWO) from Tehran. run on an efficient basis and this could only be accomplished through foreign-owned operating company with freedom in day to day management though acting under policy principles established by government or National Oil Company The question that appears to give Iranians greatest concern is how they can prevent AIOC from returning under different guise and operating politically in manner in which they maintain has been the case in the past; also, manner in which arrangements could be worked out and not (rpt not) give appearance of setting aside nationalization law. I believe they recognize that they cannot (rpt not) conduct operations but want access to all information and supervision beyond board membership as was set forth in Jacksons proposal. They also want training of Iranians for increasingly import and administrative and technical positions as they qualify. I believe they now understand they are dependent upon AIOC for shipping and marketing If British agree to negotiations I believe it would be well for them to be prepared to include, if company to operate within Iran, certain interests in addition to AIOC, such as Shell or AIOC affiliates in other countries. I am in no (rpt no) sense suggesting inclusion of any American interests. It is my impression that atmosphere exists in Tehran today in which British can make satisfactory settlement and I doubt whether as favorable situation will present itself again. With all of the increasing difficulties and grave dangers involved in. delay, I believe the sooner member of British Government with appropriate advisers, including representative of AIOC, comes to Tehran the better it will be. Although this proposal will not (rpt not) be all that British would like I strongly recommend that it be accepted if at all possible. In phrasing the proposal Iranians obviously had in mind the last paragraph of British Ambassador's aide memoire of May 24 to Foreign Minister suggesting sending of government mission to Tehran headed by member of government. I am informing British Ambassador here early Tuesday morning. I recommend that you discuss matter fully with Franks in Washington and instruct Gifford to discuss it with British, urging them to accept. Although it is better psycho logically for me not to leave here, I am prepared to go to Londou un short notice if it is considered advisable. GRADY MJF:AS Note: Read by Mr. Ferguson 1:45 p.m. 7/24/51 KW. Advance copy to SS 7/24/51 3:30 p.m. KW. TOP SEORET

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    "ocrText": "-4 cmo 340, July 24, 11 a.m. (SECTION ONE OF TWO) from Tehran.\nrun on an efficient basis and this could only be accomplished\nthrough foreign-owned operating company with freedom in day to\nday management though acting under policy principles established\nby government or National Oil Company\nThe question that appears to give Iranians greatest concern is\nhow they can prevent AIOC from returning under different guise\nand operating politically in manner in which they maintain has\nbeen the case in the past; also, manner in which arrangements\ncould be worked out and not (rpt not) give appearance of setting\naside nationalization law. I believe they recognize that they\ncannot (rpt not) conduct operations but want access to all\ninformation and supervision beyond board membership as was set\nforth in Jacksons proposal. They also want training of Iranians\nfor increasingly import and administrative and technical\npositions as they qualify.\nI believe they now understand they are dependent upon AIOC for\nshipping and marketing If British agree to negotiations I\nbelieve it would be well for them to be prepared to include,\nif company to operate within Iran, certain interests in addition\nto AIOC, such as Shell or AIOC affiliates in other countries.\nI am in no (rpt no) sense suggesting inclusion of any American\ninterests.\nIt is my impression that atmosphere exists in Tehran today in\nwhich British can make satisfactory settlement and I doubt\nwhether as favorable situation will present itself again. With\nall of the increasing difficulties and grave dangers involved in.\ndelay, I believe the sooner member of British Government with\nappropriate advisers, including representative of AIOC, comes\nto Tehran the better it will be. Although this proposal will\nnot (rpt not) be all that British would like I strongly recommend\nthat it be accepted if at all possible.\nIn phrasing the proposal Iranians obviously had in mind the\nlast paragraph of British Ambassador's aide memoire of May 24 to\nForeign Minister suggesting sending of government mission to\nTehran headed by member of government. I am informing British\nAmbassador here early Tuesday morning. I recommend that you\ndiscuss matter fully with Franks in Washington and instruct\nGifford to discuss it with British, urging them to accept.\nAlthough it is better psycho logically for me not to leave here,\nI am prepared to go to Londou un short notice if it is considered\nadvisable.\nGRADY\nMJF:AS\nNote: Read by Mr. Ferguson 1:45 p.m. 7/24/51 KW.\nAdvance copy to SS 7/24/51 3:30 p.m. KW.\nTOP SEORET"
}