"F 80 ملف 82/34 I امتياز أ.ب.و.ك" [و‎‎١‎١‎٢] (٤٣٦/٢٠٨)

2-
'reliminary Agreenent .
Early in 1932 a preliminary royalty aprreement
reached by the ersian Minister of the Court and Sir John
Cadraan, chairraan of the Company. This agreement was drafted,
initialed in London by representatives of the company wid
the ersian Government, and sent to Teheran, it arrived
there in May, but has not yet been ratified.
vlllj
"It will be seen, therefore", the comnany adds, "that
the directors cannot be accused of having failed to treat
seriously the view of the Persian Government* discussions
initiated in the year 1928 relative to the revision of the
T) , Arcy Concession having been carried on continuously to
the spring of 1930, and further prolonged discussions
relative to the assessment of royalty having been carried
on before and since",
Nevertheless in June last the 'ersian Government
refused to accept the royalty for 1931 payable under the
agreements then existing, and in July the company learned
that tentative proposals on an entirely different basis
from that of the draft royalty agreement were under the
consideration of the Persian Government.
There was a heavy fail in profits in 1931 i 0 ? which
the Persian Government had several times been forewarned),
but this, the company says, "did not affect adversely the
Persian Government alone, nor does it afford any t 1usti-
fication for the claim of the .ersian Government that it
has the right to cancel the Concession on the faith of
which so much money and work has been expended".
REPLY T" BRITISH PROTEST ,
Teheran, Deer,6.
The Persian Governments reply to the protest which
the British Minister made on behalf of his Government on
December 2 was delivered yesterday. It is understood that
the Persia^ Note is similar In substance to the reply made
to the Anglo-Persian Oil Company on December 1. In that
reply the ersian Government maintained that it was fully
justified in annullng the concession, and declared that
this was its final decision.
The Shah, who, with the members of the cabinet, is
attending a Turcoman race meeting in ' azanderan, is
expected to return t Teheran next Sunday.