1952-03-18 — Page 3

PERSIA EXPLAINS REJECTION

Why Bank Proposals Wore Turned Down

o

Teheran, Mar. 17. Karem Hassibl, Persian negotiator, broadcasting

to-

to the Persian people night, estimated that ac- ceptance of the World Bank's proposal for an off settlement. would have meant a loss of £75,000,000 every year for Persia.

we

11

dclared, **The

not

Inter-

2t! art Banit's proposals which accept, wire Virtually worse than the Stokes mision proposal and the Jack- con propal last year."

sand

(Mr Richard Stokes led the High Ministerial missin Mr Avercl1 Harriman Wan Pesident Truman's special envoy in abortive negotiations last you. Hasil Jackson is Deputy Channon of the Anglo-Iranian! Oil Compuny}.

Kazem Hassibi said that Reparate Persian Gulf price for vil--we distinct from the Mexican Culf price or world price--was totally artificial, flsed by the

for their big oll trusts benefit.”

own

Memwhile, after, a lengthy *Premier Senate suasion, Mohanuned Mossadegh has agreed to receive a dzagation Persion Senators at his res sidence on March 19 and tell thear about the result of the oil talks and the general situation

لال

m the emistry.

The resignation

terior

Minister.

of the In-

Saleh, from the Cabinet was

announced

contesting

THE CHINA MAIL, TUESDAY, MARCH 18; 1952.

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