... the Persian Government in cancelling the D’Arcy concession held by the company. The statement, signed by Mr. W. Fraser, deputy chairman, says:— The board do not wish to minimise the serious character of the action taken by the Persian Government. The ...

... British Govern: ment fro mthe Perstan Government stated, he said, that the Persian Government re- garded itself as within its rights to cance! the concession. The Persian Government also stated that it did not regard itsePf us responsible for any damage ...

... to a number of questions with regard to the cancellation by the Persian Government of the concession granted to the Anglo-Persian Oil Company, said the action of the Persian Government in cancelling the Anglo-Persian Oil Company’s concession on November ...

... intimation was received from Ministers of the Persian Government that further proposals were shortly to be placed before the company. Although these proposals have not so far been received, the Persian Government on Sunday addressed a letter to the company’s ...

... cancellation of the concession. The Imperial Persian Government is of opinion that for some time past it has been entitled to take steps to cancel the D’Arcy concession and for a long time past the Persian Government has repeatedly pointed out the fact that ...

... action of the Persian Government in cancelling the concession to be an inadmissible breach of the terms of that instrument, and have therefore requested the withdrawal of the notification to the company of November 27. Since the Persian Government In their ...

... pursued so long as the Persian Government claims to treat the concession as terminated by their own ,unilateral act. Outlining the history of the dispute, the memorandum states that on June 29 of this year the Persian Government refused to accept the royalty ...

... the company and the Persian Government in a fair and friendly manner and In the broadest possible spirit consistent with its duty, to endeavour to preserve a fair and just equilibrium between the interests of the Persian Government and of the stockholders ...

... to believe that the Persian Government will persist in its demand. It is thought that the outcome will be a new agreement raising the Persian Government’s minimum share of pany's annual profits. At present the Persian Government receives 16 per cent ...

... intimation was received from Ministers of the Persian Government that further proposals were shortly to be placed before the company. Although these proposals have not so far been received, the Persian Government addressed a letter to the company’s representative ...

... consider the His Majesty's action of the Persian Government. in cancelling the company’s concession, be an inadmissable breach of its terms. The; take a most serious view of the con: dwt of the Persian Government, and have instructed me to demand the immediate ...

... , and has since been recognised throughout by all successive Persian Governments as the owner of this concession. The concession provided that there was to be paid to the persian Government annually a sum equal to 16 per cent, of the annual net profits ...