891.6363 Standard Oil/45
The Chargé in Persia (Engert) to the Secretary of State
[Received February 14, 1922.]
Sir: Referring to the Legation’s telegram No. 71 of November 22nd, 10  p.m., I have the honor to transmit herewith translation of the proceedings in the Persian Medjlis at its session yesterday afternoon,24 when the Prime Minister rushed through the bill granting to the Standard Oil Company a concession for fifty years for the exploitation of mineral oil in the provinces of Azerbaijan, Guilan, Asterabad, Mazanderan, and Khorassan in North Persia.
A translation of the Bill itself, based upon the Persian text furnished to the Legation by the Secretariat of the Parliament is also enclosed herewith. It appears that Article 3 as at first submitted by the Prime Minister mentioned the Persian Government’s share as a “minimum of ten per cent” of the gross receipts of the company. But when it was found that there was some doubt in the minds of some of the members of Parliament as to the sufficiency of this percentage, the wording was changed [to] “over ten per cent”, the intention being to raise the minimum share accruing to the Government to a figure higher than ten per cent, and which is to be determined later.
I have [etc.]
- Not printed.↩