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50 Years Ago...

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SCMP Reporter

Meeting raises oil hopes

Teheran (May 30): New hopes of a solution to the Persian oil dispute rose to-day when Premier Mossadegh, father of the nationalisation law, left his barricaded office in the Parliament building and had lunch with Mr Henry F. Grady and Sir Francis Shepherd, the American and British Ambassadors.

Nothing was learned from this meeting at Mr Grady's house immediately, but the fact that Premier Mossadegh would relent enough to even talk to the Western diplomats was a heartening sign.

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It was the second time he had left his refuge against alleged threats of assassination since May 13. The other time was when he wanted to take a bath.

Red rubber

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Taipeh (May 25): Newspapers to-day claimed that the Chinese Communists will attempt to counter the U.N. embargo on rubber exports to them.

A report received in Government circles from the mainland said that already rubber plantation experts had been engaged to help start a rubber-growing industry in Hainan.

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