PERSIA: Final Terms

Preliminary agreement on a new concession to supplant the disputed D'Arcy oil leases of Anglo-Persian Oil Co. Ltd. was reached three weeks ago (TIME, May 1). Last week came the final agreement and publication of the terms. Well satisfied, Britain's "Petrol Diplomat," tall, professorial Chairman Sir John Cadman of Anglo-Persian, slipped a copy of the new agreement in his pocket, packed his grips and flew from Beirut to Marseilles, after months of bickering, threatening, appeals to the League of Nations, the new-agreement provides: 1) The period of the concession is 60...

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