890g.6363/300: Telegram

The Chargé in Iraq (Sloan) to the Secretary of State

8. Press report June 21 announced that Government is prepared to accept application for oil concessions covering any part or all territory not now covered by concessions. Applications should contain area and the term desired as well as financial ability fulfill obligations. The Government reserves the right to select for further investigation any proposal appearing to be to the best advantage of the State but selection shall not bind them to grant a concession. Applications must be submitted before September 30th, this year.

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