The Eastern Economist July 27 1951

ONE RUPEE CONTENTS LEADING ARTICLES : THE PHILOSOPHY OF THE PLAN THE STATE OF THE MIDDLE EAST Page 117 119 THE SEPTEMBER MEETING.. 120 CONSIDER FARIDABAD 121 THE WEEK’S NOTES The Gorwalla Report; Why Zamindars should vote against the Congress; The “Empire Roach” Incident; The First Fruit of the International Materials Confeence; Public Servants and Democracy; The Telengana Peace Move 123 WORLD [...] If the operation f the existing law or of proposed laws is to injure the urpose of industry which is to produce more surely iite may argue that the facing of the risk of abuse a condition of the attainment of production targets. [...] The difference between the acceptance of the principle cf nationalisation for which the Britisn were not unwilling at ene stage and the comp' cs accep4nce of the act of oil nationalisation which the Iraniai s now regard as the minimum basis of nego latIons may he that the Angie-Tre.nian Company may ha' io aLadon the hope of operating the Abadan rean_vy ever. [...] It appears that in an Aide memoire addressed by the Egyptian Foreign Minister to the American Ambassador in Cairo in January 1950 shortly after the occupation by Egypt of the islands of Tiran and Sanafir which guard the entrance to the Gulf of Aqaba an assurance was given that the occpation of the islands was in no way intended to intefere with the normal passage of vessels through the str [...] The U. S. control regulations also require that after the issue of a valdated or general export licence the licensee or his forwarding agent should place a statement affirming the destination of the goods and the prohibition of diversion on the shipper's export declaration the bill of lading and the commercial invoices.