Foreign News: Emergency Grant

To President Eisenhower went a personal plea from Iran's new Premier, Fazlol-lah Zahedi: "Iran needs immediate financial aid to enable it to emerge from a state of economic chaos." Back went the President's reply: "We stand ready to assist you." Early one night last week, U.S. Ambassador Loy Henderson trudged the stairs to the third floor of Iran's rambling Foreign Office, where Premier Zahedi and his Cabinet awaited him, to keep his Government's promise. He handed over a second letter from Ike, which tendered $45 million in emergency aid to Iran.

It was more than some U.S. diplomats had believed could be...

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