The Waterbury Democrat., 1932-12-08

1 sian am DaBSadOr Here already had expressed his regrets orally to For eign Secretary Sir John simon. The United Press was informed also that the Shah's government had sent military mission to the United States for the purchase of army materials. Unquiry in Wash ington failed to reveal the presence of any formal mission, although a Persian officer, Captain Saga Chey- pani, has been in the United States three weeks inspecting airplane motors and machine guns. dealing with the Pratt and Whitney Cor poration and other firms).
 The United Press was told that at tho same time the American project was being financed mainly by the house of Morgan, (although Morgan representatives at New York professed no knowledge of the plan). The other companies were understood to be contributing to the $2,000,0O0 capitalization of the Persian American Corporation.
 The American Corporation would supply the Persian governments foreign requirements in manufact- ures and raw materials. It would buy Persian products for Amer ican consumption. It would erect factories and undertake q general program of naturalization in Persia.
 The Persian government has counted on royalties from the An glo-Persian oil concession as a chief source of revenue. Dissatis- faction with the present royalty arrangement was held chiefly re- sponsible for cancellation of the British concession.
 The amazing career of the Shah of Persia reads like a tale from modern Arabian night. Rizah Shah was once trooper in the Persian Cossacks. He stood sentry duty at the gate of the government palace.
 In 1920 he organized and lead an assault against the capital, overthrew the cabinet, and became minister of war. He was proclaim cd Shah in 1925 and has guided Persia through such rapid pro- gross that the country has been ac- corded q place on the council of the League of Nations.
 Riza Shah. famed for his energy spends 20 hours day at his ofil- cial duties, if necessary. He like wise Is known for his great collec- ton of jewels, said to be worth nearly $170,000,0 900.
 Tesmourtache, the other prin- cipal figure in the oil drama, holds the official designation of minis ter of the court" at Teheran. He remains in the background, but his influence and sagacity are said to be of great importance in shaping Persian policies.
 Sir John Doesn't Know New York, Dec S--(U. P.) - Negotiations by American and Per- sian interests for economic develop ment of Persia are within the realm of possibility, Sir John Cad man, chairman of the Anglo-Per- sian Oil Company, said before he sailed for Europe on the Europa, although Sir John said he was per- sonaIy. unaware of any such nego- tiations.
 Tt would preposterous to say that American oil interests are in- volved," he told the United Press. But I see no reason why banking, automotive, and rubber interests might not conceivably be flegotiat- ing for certain Persian monopolies.
 Perhaps they are; perhaps they are not. merely do not know a thing about 1t, nor would l have occasion to-"
 British Cruisers Ready London, Dec 8--U. P.) = Dis patches to the Exchange Telegraph Company to-day from Karachi, In- dia, reported that British cruisers were being held in Persian and In- dian waters.
 The cruiser hawkins was report ed proceeding up the Persian gulf, apparently bound for the head of the gulf, where the Anglo Persian | concession Is located. The cruiser Enterprise entered Karachi harbor, while the cruiser Emerald, due to spend Christmas at Calcutta, was ordered to remain at Bombay and officers Christmas leave was can- celled.
 Teheran. the Persian capital, is near the Caspian Sea, across the country from the oil fields. Russia Denies Story Moscow. Dec S--(U. P.) In situations in foreign newspapers that the Soviet was involved fin cancellation of the Anglo Persian oil concession were denied to-day by Constantine Raboyoll, head of "soyuznaft," the Soviet oil Expert Trust, in an interview given the United Press.
 WOULD BUY TOLEDO