That long awaited agreeaent between Iran and tbe leatern oil co■~l•• - was at last annovDced ■ i ■aleneou1l7 in London and Teheran; and in Washington. Thia ■taaa Iranian Oil wi'll be flowing back to the aarketa of \Ile world, fairly 100n. In Teberu, the Iranian Fiaaace linl1\er potat,e4 oat that, thtt agree■eat do•• not conflict, trtiib t,b1 aall•• · • all1la1 ot the Per ■ iaD oil iDdaatry. I: other wor4•, I ran will retaia po•••••ion - otterlD& the ••110-I rulu · CoapaDJ co ■ penaation; an4 participation. Ber•'• how the Iranian oil agr•••••t worta. fbe leatern co■bi•• will operate the Abadan refinery, ua will ■ arke\ the oil abroad. Iran will recei•• ■ore four haadred aillion dollars during tle first thr•• ~he will pay Anglo-Iranian sixty-tour ■ illion, o••r a ten-7ear period. The a1r••••nt, to run tor twent,7-ti•• years - with a proYision tor ti•e-year exten1iona. Anglo- Iranian al10 to participate as a 401 holder of rights w. - 2 in annual incoae. For tbe leatern coabin• include• ei1bt •••b•r coapani•• - fi•• &aerie••• one Da~cb, oae FreDob, aad ••alo-Iraalaa •• the ••Jor operator. So the •orld'a bigge1t oil retin9ry •111 atar\ operation - after tbree years. Abadaa idle •••r ■i••• Mo11ade1h natioaalized the oil, ud oaated Mo11ade1b, ao• ••r•i•& a Joil aeateace for tr•••••• ••••l•• arraaging u •1r•••••\ - which 11 calle4 a aaJor obataol• to Coaaaaiaa iD Iraa. SUB FOR PIRST PARAGRAPH IN THE STORY SLUGGED DULLES FOLLO W OIL Presi d ent Eisenhower cabled message of c~ngratulatio s to the Shah. The President, terming the a , reement "the beginning of a ne era,"-- and adding that we have always been concemed for the good of Iran. Secl'etar, of State Dulles issued a formal statement - predicting that the Shah's country will soon be one or the world'• lNdlill oil producers again. The Secretary also indicated that we ii 1 push a1d ror Iran - to help recovery l'r011 the long ahut-dcne. WJ,JM 10LWII OIL •• lleam,b11- • •• baYI a dr81ia,1c .,or, •• , • ~antan lecla ••re doln& llllde• 1'111 lloaaade&h 1N bf hl■ler Zlbldl. .,.. 91a l8U " " 111ppon1-. .,. ...... • - · ON&W tbe oaatllilan . . , ••led. And wltb tbatr - ata,ed 1D pQllfel'. Bl&t MilAnly and tbe Clv11 8er.v1ce .... DOI pald tor aontba - atter the 011 revellllea were cut ott. IY• thia did not atop Moaaade&b. He - printed b1111ona ot worWeu notea - to aa1ntaln an appearance ot financial stability. Mid then deaanded that •e send aoney to help him. ·t L i t ti oo k . le rls J r t ry u l l , m m en 111l', r fus l - b Cc1 U SC , l' e, th de m &.nd c1 " b l a ckm 11. " Mean ing, t ha t xpe t n e l him - · s t he only h op e o f keeping the R eds out o f power. But instead of money, the weepy rremier received a letter from President Eisenhower - saying that American taxpa:,era should not bear the burden, when Irm could pay its own w a y with oil. By this time, the members of the Tudeh Party had worked their way into key positions. They la laid the ~ ~ o r k for a sudden coup. Alla t.,•e mMM Rew,.,,., had eet &Re aaie. Then came the Zahedi revolution - only about two weeks before the Reds were to t a ke over. Mossade gh was arrested, and sent to Jail. Zahed1, backed b .r t he Shah, kicked out the Reds. A nd then American ~id was s nt to strengthen the Z ahed1 g ov e rnm e nt. O n e problem remaine d - t he x bad a n oil refinery. alr aOy kn w h w Herbert Hoover, Jr. ent out to Iran ~s our trou~~~shooter. And how he was largely responsible _ / . J o ~ ~ ~-""c.~ ' - Z ~ ~ ot era .. ~ - Por the satisfactory outcome of th negot1 tions between London and Teheran. So the di pute nd8 n a favorable note - Mossadegh and the Communists, out. Zahe 1 and the Shah 1 1n. 1'nd Irani n oil soon to be flowing agai. MoCAHTKV Tonight we have the names of the si~ ~natora who will pass judgment on their colleague - the Junior ~nator fr011 Wisconsin. '!'he Republicans who will judge Joe McCarthy - Arthur atklns of Utah, Frank Carlson of Kanaaa, and Francia Case of Sollth Dakota. The i>emocrats - idwin Johnson of Colorado, and John Stennis and Sam .ig-yin, both of North C&rolina. Tbe choice was made by Republican Leader lnowland and Democratic Leader John8on. The official appointment,•••• by Vice-President 11.xon - who declared: "None has pre-J1.adpd the case." The author of the move to oenaW'e McCartl\Y ia alao aatiafied. Senator Plandera calling the group, "excellent." Senator McCarth,y doesn't coaaent on the six Senators. But he says he wants to aeet them as soon aa possible. Honver, Senator Watkins remarked: "We have no plans to meet with Senator McCarthy - until we are read.v to go ahead with the hearings." watkins doesn't know when the McCARTHY - 2 h arings will be 1n - or how long they will last. He believes his colleagues will decide on a full press coverage. Television? He doesn't know about that. Jenator ulbr1ght of Arkansas bas asked Senator .Knowland to state the funct.iona anu. p11rpo d'1he group. Silt the Cal1fomia Republican replies- that's 11p to the Ooatttee to detel'lline for itself. ~ r r in ekin , Ill1no1, e,;ot out of t 1 ' t d y - ar,er com letely destroy1ng~•~bu11 1ngs, bl ze be~an when lightning struc k a warehouse.of the Allerican D1sti ll1 Compan_y. Firemen fough t the blaze all day, and thought 1 t was under control - when suddenly t.he warehouse blew up. The fire spread to two other wareho~ses and a bottling plant. 11 three were leveled to the ground. With the added danger - t · · t the rest of the buildinga would catch fire. Other c011panies are also in peril. A ~aker Oata plant, a quarter of a mile ~~ie . away - ~ shut down. And the Com Products Company is maintaining only a skeleton crew. That Company produces starch - so another explosion 111gbt be touched off there. Eleven towns have sent equipment to fight the blaze. --- All available state police, on duty to control traffic. C1Y1l defense workers, asked to help. And the Red Cross is seeding blood serlllll for the 1 n J J e ~ estillate is \~esd, .A I\ KXPLO~I N - 2 nd around fortJ injured. But the fury of the blaze has prevented any accurate count. Property damage,· round five million dollars. And ~'-~~ ' five million gallons or;_choice Bourbon \.1•• NR ruined. > ) o - P " d 1 ~ ~ ~ Fire Chief Roy Weinheimer says that a shift ot the wind could be disastrous. So the town of Pekin 11 praylrC that the wind doean 1 t shift. INDO-CHIIA The French and the Vietnamese are losing th "battle of evacuation" in Indo-China. o stated by French sources in Hanoi - referring to the attempt to take inhabit nts of the Red River delta south of the Seventeenth Parallel. This "battle of evacuation" is being lost - becauH so many people are deciding to stay with the Viet Minh. Jlaaa desertions in the Viet Naa arm,. Civilians, retum1Q& to tbelr homes. Many persons, forced to remain. One reason - Red propaganda. The Viet Minh, ottering good teru to anyone who Join& them. And the Viet propaaanda adds tb1a threat against those who remain loyal to Viet Nam: "We will be in Saigon in leaa thar. 1 six months - and we will settle accOW1ts there." North of the Seventeenth Parallel, rioting .au- Q88Y.Uld in many different places. Anti-French mobs, attacking loyalists. In one place, Viet Nam troops bad to fire into a crowd - killing tlwenty persons. In another place, IJOO-CHlliA - rench planes were sent to fly 1 over obs t t were ~ather1ng. It all ans - that French a~thor1ty 1s practically gone 1n the area to be turned over to the Viet Minh. CHINA Red China. rejects as cond American protest - over the --c!a:r- the one shooti~ down of an unarmed British irliner. lt;::lru - A... / attacked by Chinese fighters on a routine flight from Bangkok --~~q~ to Hong K o n g . a • ~ into the sea, killing tej pe111om .. including three Americans. We protested - am Mao Tse-tung reJected the protea So we sent a second note. And now we hear that the I-e1p1na Governaent refused even to accept it. Which western d1pl011ata call "1ns"1lt1ng." What can we do now? State Department, lpoke ~ tq-"""' Lincoln White, . . . aaked about the poaa1b111ty .,A.. • •• WWII ~ aeizA Chinese aaaetsJ Nata answered.-=- that such a aove 1a not up to the State Department.~ a matter tor tbe Treasu.ry Department, which handles alien aasets~nyway, there -62-<..<z--·4 t\.,o b11 1 t••~ point in protesting to Mao Tse-t\lng again. ROCCO In Fren h rocc , mor v olence b e tw en the - - Berbers and the rabs. tim, in the c r l16 1ous center of the oslems. The Berbers are supp o rters of the present Sultan of Morocco, Mohammed Moulay Ben Arata - who was installed by the French last year. The Arabs f vor the exiled Sultan - ido o .aa.-.d Ben Youssef. Violence broke out in Fez when tbe Berbers dro sound trucks throug1 the streets, urging loyalt~ to the present leader. The Arabs, promptly attacking thea w1 guns, knives, clubs and fiats. The two aobs fought almost all night. --rhe ■e•ia8 .. police found two dead and two wou.nded. Then at daybreak, the fighting started again. This ti■e, two dead and three wounded. The entire tol'l since Sunday - thirty-two dead and sixty-six injured. Meanwhile, hundreds of French soldiers have arrived in Morocco. And the French Resident-General is preparing for urgent talks with Premier Mendes-France in Paris. . .. , ' 1)NGM1iN RHEE ------------ The resident of outh Ko re a meets the a ■ m a n who se nt american troops to save his country from the Reds. yngman Rhee, in Inde endence, former P resident Truman. vi s iting issouri -/•i•:laR former The S outh lorean President no on a tour of this country ha d re uested the ~tnte Department to make arrangements for a visit to Independence. Today he was welcomed there by Mr. and Mrs. Truman. Explaining t ~ e reason for his visit, Rhea said:- "I remember you sending us troops - to make it possible for us to survive." Referring, of course - to the tru ■ an order for General MacArthur to send American soldiers jut after the North lorean invasion of June, Nineteen Fifty. ~o the Iorean patriarch stopped at lndepen ence, to thank the e x-President of the l.~.a. Just a brief stay; then 1 on to Los ngeles. T , e . r n t, l n i n o ol i s a nnu Cu . V U - 1 'll'as in t . C. The V t e rs' or e:, n i ti n on in ris, t in teen. Shortly ter t e l a t shot o World ~ar On ~ w · s f ir cl . Colonel T eodore Roo ~ v lt Jr. s i t s fun · . r. His id a. At t , e fir t meetin in r i , i 8 decided t ere would e n distincti r of milit ry r n • In t . e l e i n - nor nk, no tit! s, n oalu e. The first Conv~ntion wa eld in St. Louie, on ay Ei~hth, Nineteen l• ineteen. antinb Colonel Ted Roos e velt for chairman, tr. veter ns shout d: • e want. Teddy". When Colone Ted t.ur11ed down the invitation, t e caucus close Henry Lindsley o D~llas, Texas. •• As we all ~now t . . e Amer · can Lee.ion has b een meetin 6 annually ever since. One of the most familiar events of t h ey ar and oi Ameri c an life. lill the oxye,en disappear · rm our ai r next Saturday? In far o ~ f Ba~hdad, it was broadcaat today that: lell here's a direct quote: • A ruaor baa spread duriD& t e last few days, t o t e effect that the air •ill run out oi oxyt>en on Saturday, Au•u•t Se•enth - and as a result the teaperature will rise.• Thea t • radio added: •Thia ruaor ia dewoid of truth. Definitely will not occur.• So the Iraquia can •l••P in peace oa Friday ni ht. Their ox7 6 en will still be there oa Saturday. They bawe that ~ romise froa a •i•e ■ an of the Eaat who 1peak1 tg the pe p l• ower the ra41o in the cit7 ot Caliph Haroun All■ Rascbid and Shehere1ade . 10111 n the olonel is a illey. Th a t's is na ■ e! erican •o ■ en in Frankfurt, Ger■ any, have auddenl7 beco■• ■ odest and deaure - at the Colonel's order. lo short,, no blue jeans, and no dresses with bare ■ idriffa. All because of a aan. He'd have to be a ~oloDel! • Colonel John Dilley issued an order that wives of o•r AaerlcaD ■ ilitary ■ en are not to dress thatawa7! DJ■ore. Be aa71 it's part of bis job to see that. Aaericu1 ■&i• a fa•orable i ■preasioD in Europe. Dd - he has t.lae support of Beidelber1 -- Aray headquarters in 014 Beidelber1, Dear Beidelber1! lhat do the •o ■en o••r there, our girl ■, 1a7 aboat it? lo shorts, no bare tuaa7? The7 1 re furious wit.la Colonel Dille7. They aa7 7ou can have bi ■• Be'• no ille7. Be's just aill7 - sa7s Millie!. A•! Let's "" switch to ■ ite.