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| was nearing death and had 45 sons of whom 37 were thought to still be alive |
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| insisted that Aramco had to remain 100 % American. Only two companies qualified: Standard Oil of New Jersey and Socony-Vacuum |
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| Socal’s chairman, thought a joint venture with Jersey would be good because Aramco would be able to sell so much additional oil through access to Jersey’s system |
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| were members in the Iraq Petroleum Company and Calouste Gulbenkian |
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| could only operate in Saudi Arabia if they took everyone else along with them- Shell, Anglo-Iranian, the French state Company(CFP) and Mr. Gulbenkian |
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| went to London to renegotiate the IPC agreement without the red line agreement |
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| dismissed Gulbenkian’s threats and made a deal with Texaco and Socal |
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| head of the Office of International Trade Policy wanted Jersey to sell its IPC shares to Socony and then go in it alone into Aramco- plan was not practicable |
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| gave his approval of the marriage of the four companies |
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| finally agreed on terms and signed them at Hotel Aviz at one thirty in the morning |
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| he left three legacies: a vast fortune, a splendid art collection, and an endless litigation over his will and the terms of his estate |
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| Gulf’s President, answer was the Royal Dutch/Shell Group who had two large markets in the Eastern Hemisphere, particularly in Europe but very little Middle Eastern oil |
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| privately raised the possibility of a long term contract for Iranian crude with Sir William Fraser, chairman of Anglo-Iranian |
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| wanted Iran because he wanted to build up his own sphere in bordering countries and to expand Soviet power and influence wherever he could |
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| pulled back his soldiers from northern Iran in 1946 but still sought to establish a joint Soviet-Iranian oil company |
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| threatened to cancel the American oil concession because of the Arab public opinion against the U.S. recognizing Israel as a state |
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| knew that oil royalties help make Saudi Arabia stronger and more powerful nation, better to assist her neighboring Arab states in resisting Jewish pretensions |
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| took a gamble- there was no competition for offshore sites in the Gulf of Mexico |
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| delivered the “all-out speech” proposing special aid to Greece and Turkey to enable them to resist communist pressure |
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| At the Harvard commencement, United States Secretary of State, Introduced the concept of a large, broadly based foreign aid program that would help revive and reconstruct the economies of Western Europe |
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