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    "label": "Transcript of Princeton Seminar Discussion, Reel 3, Track 2",
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    "seq": 12,
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    "ocrText": "5/15/548 Reel 3, Track 2, Page 12\nmeantime, Abadan had gotten in disrepair, and that would take some time\nto get oing again. So not only was the country busted, its markets were\ngone and its capacity to even produce was in bad shape. Now if you were\ngoing to try to repair this situation to make room for Irmain oil in the\noil industry of the world at that time produced the most serious problems.\nfor\nIn the first place, it meant a cutback in the production of other supplying\nin\nUs\ny\ncountries, all of whom who had flowed into the vacuum created by the Iranian\nstoppage. So you had other countries in the Middle East, other countries\nin South America, all adversely interested in the solution of the Iranian\nproblem. They didn't want it solved, because to solve it meant that they\nwere in difficulties. In the second place, it produced problems for companie\nbecause each one of these companies had a relation with one of the producing\ncountries, and therefore it was in trouble. And that produced another dif-\nficulty. In the third place, it produced serious problems in the whole\ninternational oil market; questions of distribution-problems of distribution\nhad been solved over eighteen months. All of those had to be upset.\nThat got you involved in sterling oil and dollar oil. The whole matter of\nin\nprices was involved, and the position of various companies/ the supply\nand marketing of oil was involved. in this. So it had become about as\ncomplicated a situation as you can well imagine. So in order to work on\nthis it required negotiations with these various parties. In the first\nplace, Mossadegh, who had become more inflamed, more suspicious, and whose\nposition was less stable than it had been before; it involved negotiations\nwith the United Kingdom, whose position was still legalistic, highly legalis-\ntic, particularly on this question of compensation and what factors should\nbe considered. They were very much politically interested in the overthrow\nof Mossadegh and therefore most reluctant to go into any kind of a solution\nwhich seemed to help him. And it involved trouble of course with Anglo-\nIranian, which was very suspicious of United States companies which it"
}