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Huie
Well, that's all very interesting, but there's one other question I'd like to ask Lord Wilmot, and that's about Iran. A great many Americans have been struck by the incongruity of your government which has pushed nationalization in Britain opposing the nationalization of oil in Iran, sir.
Wilmot
Yes, I expect it does look like that. But, in fact, there's nothing illogical about it. We don't dispute the right of the Iranian government to nationalize the oil. What we do say is that they should honor their commercial agreements. Now, such nationalization has been carried out in Britain, every contract was honored and every piece of private property was paid for at market value, and we ask the Iranians to do the same.